
by Amy Platon
Well, almost. I love the last two months of the year, not just for all the great food and family time, but because I use the spare office hours on getting organized with my tax files. I don’t escrow my property taxes, so I get to cut that “reality” check every November. It’s inspiring to say the least!
For homeowners, it’s best to start early on getting your paperwork in order. That way you can start thinking about the questions you have, and get a list going. Then it takes time to remember all the improvements you did during the year and determining if they are tax deductible.
I also have an investment property. I have to get those bills in order as well.
Then there is my business. Real estate has me racking up miles and, chugging gas.
Why am I bringing this up? Because every detail I can remember to collect and add to my expenses, means I pay less for taxes. The less I pay, the more I keep. The more I keep, the more I can invest into something else. So, being organized and meticulous with my taxes equals money…..cold hard cash!
With prices of homes the lowest I’ve ever seen, I’m planning to take advantage. Because I have good credit, I am able to invest as little as 10% down. Most lenders will only finance to investors with 20% down. But being in the biz, I have found there are other ways to accomplish what I want.
That’s why having a skilled REALTOR is important. I am a REALTOR with money in the market I’m selling. I have success stories and I have the not so success story, but I have found ways to make all these things work to may advantage.
If you are looking to buy or sell in the NEW YEAR, work with someone who has been there. Work with me!
Amyplaton@hotmail.com
