Ever since the U.S. Government created the mortgage interest tax deduction for homeowners, the tax advantages to buying a home vs. renting has been a major financial benefit to buying a home. VA loan eligible active military and veterans have a great advantage to access this tax advantage through their ability to get a VA loan with [...]
New Home Buyers
I’d like to correct one of my earlier posts with more details emerging about the home buyer tax credit. Details are below. There are two new huge improvements to the credit I’d like to point out. First, the income cap for all new home buyers qualifying has been raised for $125,000 for individuals and $225,000 for [...]
