Homeowner Education

The latest news, tips, and tricks for homeowners

Property Tax Deduction

Property Tax Deduction Property Tax Deduction Definition In Residential Real Estate Property Tax Deduction refers to the ability of a property owner to deduct eligible

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Property Tax

Property Tax Property Tax Definition In Residential Real Estate Property Tax is a mandatory charge imposed by a local government on real estate ownership. In

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Personal Property Taxes

Personal Property Taxes Definition In Residential Real Estate Personal Property Taxes are taxes imposed by a taxing authority on movable property that is not permanently

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Parcel Number

Parcel Number Definition In Residential Real Estate A Parcel Number is an identifying label assigned by a local government authority to a specific piece of

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Mortgage Interest Deduction

Mortgage Interest Deduction Definition In Residential Real Estate The Mortgage Interest Deduction is a tax related provision that allows certain homeowners to reduce taxable income

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Itemized Deductions

Itemized Deductions Meaning In Residential Real Estate Itemized Deductions refer to a method of reporting allowable personal expenses that may reduce taxable income, including certain

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Inheritance Tax

Inheritance Tax Meaning In Residential Real Estate Inheritance Tax refers to a tax obligation that may arise when residential property or land is transferred to

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Gift Tax

Gift Tax Meaning In Residential Real Estate Gift Tax refers to a tax imposed on the transfer of property or assets from one person to

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Conveyance Tax

Conveyance Tax is a tax imposed by a state or local government on the transfer of ownership of residential real estate. It is assessed when

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