Larkspur, Castle Rock and Douglas County colorado real estate listings, home buying, selling and relocation information

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Tax Considerations >Tax Reform

Owning a home still offers significant tax benefits. If you are renting, it may be a good time to sit down with a professional real estate agent to see how much you can save each year by owning your own home.

You save in two ways when you purchase a home. Even though most interest deductions have been phased out, home mortgage interest and state and local property taxes can be deducted. The interest on a home equity loan may also be deductible.

Your real estate agent can show you how these savings will apply in your situation. You may be pleasantly surprised when you compare the tax savings you will receive as a result of owning your home, and you will build up equity as your home appreciates in value! Also, first-time buyers will see expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, allowing penalty-free withdrawals to purchase a home in the Taxpayer Relief Act passed in August, 1997. Consult your tax advisor for your particular circumstance.

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Q	What is the role of the U.S. Housing Authority?
A	Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states.
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Larkspur, Castle Rock and Douglas County real estate and homes for sale in Colorado, acreage, custom homes - Dave Gardner's ''Results'' Team with Keller Williams Real Estate, LLC., REALTORS® - NUMBER1EXPERTS™

Dave Gardner's "Results" Team
Keller Williams Real Estate, LLC.
140 South Wilcox St., #A
Castle Rock, CO 80104
Phone: 303-681-1000
Direct: 303-888-2238
Fax: 303-688-8320
Email: dave@secretproperties.com
Dave Gardner is a Broker Associate of Keller Williams Real Estate, LLC. and has been a licensed Realtor in Colorado since May 1986. Dave is both a GRI (Graduate of Realtors Institute) and a CRS (Certified Residential Specialist), national real estate designations. Having sold over 1,500 properties in his career, Dave brings a huge amount of knowledge and experience to any real estate transaction. Dave's office is located in Larkspur, just off I-25 in south Douglas County. Dave handles real estate transactions in the following counties: Douglas, El Paso, Denver, Arapahoe and Jefferson. Dave has 3 full time assistants to insure his real estate transactions receive plenty of hands-on attention and service.

www.SecretProperties.com is brought to you by Dave Gardner's ''Results'' Team with Keller Williams Real Estate, LLC., REALTORS® - NUMBER1EXPERTS™

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