With the April 17 tax-filing deadline right around the corner, the most important tax deduction for tens of millions of middle-class families could be on the chopping block as early as next year’s tax season if some policymakers get their way.
“The mortgage interest deduction has been in existence since the inception of the federal tax code nearly 100 years ago and is a cornerstone of U.S. tax and housing policy,” says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla.
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When making improvements to your home make sure you pay careful attention to whom you hire. How and when you pay, do they have a current and valid license/credentials to do the work, check references and make sure your GC has insurance.
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Homeowner Vacancy: Tightest Housing Markets in the U.S.
A simple measure of tightness in a market for owner-occupied housing is the homeowner vacancy rate (number of homes for sale divided by the number either for sale or owner-occupied). Builders are often interested in markets that are tight by this measure, because it indicates prospective buyers will have difficulty finding a suitable home among the available existing units.
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At a time when homebuyers are looking for houses that don't need numerous home improvements, many homeowners increase home value with relatively simple upgrades to their kitchens.
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Keeping your home and family safe is a high priority. If home fires, break-ins or weather-related disasters have you worried, here are some simple steps you can take to make your home a safer place.
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