IRS Tax Credits for First-Time Homebuyers
By: Jimmy Peters CPA Published on: 05/07/2024Discover the IRS tax credits available for first-time homebuyers, including mortgage interest deductions and residential energy credits. Learn about eligibility criteria and how to claim these valuable tax benefits to make homeownership more affordable.
How to Improve Your Debt-to-Income Ratio for Mortgage Approval
By: Jimmy Peters CPA Published on: 05/07/2024Learn how to improve your debt-to-income ratio for mortgage approval with these comprehensive tips. Pay off high-interest debt, increase income, reduce expenses, consolidate debt, and avoid new debt to boost your chances of securing a mortgage.
The Pros and Cons of Paying Off Your Mortgage Early
By: Jimmy Peters CPA Published on: 05/07/2024Explore the pros and cons of paying off your mortgage early. Understand the benefits of lower monthly expenses and faster equity growth versus the downsides of lost tax benefits and missed investment opportunities. Make an informed decision.
Tax Implications of Buying a Home: Understanding Deductions and Credits
By: Jimmy Peters CPA Published on: 05/07/2024Tax laws change often. Consult a tax professional to stay updated and maximize deductions and credits when buying a home. They can help with mortgage interest, property tax deductions, and more.
