Home Ownership Makes Tax Time Less Taxing

With the April 17 tax deadline less than a week away, your clients still have
time to take advantage of the valuable tax benefits home ownership affords. The
National Association of REALTORS®' consumer site, HouseLogic.com, can help.

“Our government encourages home ownership because it benefits families, communities,
and our nation’s economy; home ownership is an investment in our collective
futures,” said NAR President Moe Veissi, broker-owner of Veissi & Associates
Inc., in Miami. “HouseLogic.com helps home owners identify the benefits that
will save them money today and plan ahead for future savings, as well.”

HouseLogic.com provides tips and tools for home owners, and devotes an entire section of its
site to tax incentives for the home. NAR members can check out A Home Owner’s
Guide to Taxes to find helpful articles they can pass along to their clients,
such as 10 Easy Mistakes Home Owners Make on their Taxes, 12 Tough Questions
(and Answers) About Home Office Deductions, and 6 Deduction Traps and How to
Avoid Them that provide consumers with a wealth of information to ensure they
get the maximum return to which they’re entitled.

Tax benefits that encourage home ownership include the mortgage interest deduction,
deductions for property taxes, and tax credits for energy-efficient remodeling
projects and heating and cooling systems.

For more information on tax deductions and preparation as well as articles you can
add to your blog or Web site, visit www.houselogic.com.
Source: NAR