Newbury Park, Moorpark and Thousand Oaks real estate and homes for sale in California, new construction - Tina Weinstein and Associates, REALTORS® Tina Weinstein and Associates REALTORS(r) for Newbury Park, Moorpark and Thousand Oaks, California real estate - NUMBER1EXPERTS™ Tina Weinstein and Associates NUMBER1EXPERTS(tm) for Newbury Park, Moorpark and Thousand Oaks, California real estate, new construction
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Tina Weinstein and Associates, REALTORŪ, real estate agents and broker for Newbury Park, Moorpark and Thousand Oaks California home listings, property and land for sale - NUMBER1EXPERT(tm)





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Request our Free Newbury Park, Moorpark and Thousand Oaks Relocation Package. It's packed full of useful and important information about the Newbury Park, Moorpark and Thousand Oaks, California area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out...
 

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Real Estate Tips
Tax Considerations >Tax Deductions

Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.

The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.

Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.

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Real Estate Trivia
Q 
What holds the title as the tallest reinforced concrete building in the U.S.?

A 
311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high.
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Tina Weinstein and Associates, REALTORŪ, real estate agents and broker for Newbury Park, Moorpark and Thousand Oaks California home listings, property and land for sale - NUMBER1EXPERT(tm)

Tina Weinstein and Associates
Troop Real Estate

947 E. Thousand Oaks Blvd
Thousand Oaks, CA. 91360
Cell: 805-338-1939
Office: 805-214-3410
Fax: 805-214-3480
Email: Tina@TeamWeinstein.com

ABRCPSCRBCRSEqual HousingERCGRIMLSREALTORRELO


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Conejo Valley Multiple Listing Service. Real estate listings held by brokerage firms other than Rapattoni Corporation are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information has not been verified, is not guaranteed, and is subject to change.


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