Robert Stuckey is licensed in the state of California

CalBRE License #: 01112617 and 00766654

Income Tax Savings

Because of income tax deductions, the government is basically subsidizing your purchase of a home. All of the interest and property taxes you pay in a given year can be deducted from your gross income to reduce your taxable income.

For example, assume your initial loan balance is $150,000 with an interest rate of eight percent. During the first year you would pay $9969.27 in interest. If your first payment is January 1st, your taxable income would be almost $10,000 less – due to the IRS interest rate deduction.

Property taxes are deductible, too. Whatever property taxes you pay in a given year may also be deducted from your gross income, lowering your tax obligation.

Coldwell Banker-Fahey Properties

Robert Stuckey

Real Estate Broker

400 Old County Road Ste#2PacificaCA94044
Cell:(650) 490-0231
Business:(650) 359-2315
Fax:(650) 359-3615
CalBRE License #:01112617 and 00766654

A Better Way to Buy and Sell Real Estate

This is a one-stop real estate website for all your home buying and selling needs in San Mateo or San Francisco Counties, California.

Contact us if you'd like more information on finding your dream home or preparing to sell your home.
www.ROBERTANDALICIA.COM is powered by Homes.com & Robert Stuckey, number one in real estate for Pacifica, CA © Homes Media Solutions
All rights reserved. All information deemed reliable but not guaranteed