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All agents are NOT alike! Find out why I am a top real estate expert. Call Jeana Cowie today Cell# 201-982-2200, Off# 201-599-1100 ext. 348.
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Request My Free Relocation Package!
Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate!
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"We would recommend you to anyone"
"We would recommend you to anyone. You were so professional and fun at the same time".
Laura & Tom Jannett, Paramus, NJ
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Find Paramus, Oradell and Ridgewood Homes:
Feature Homes - Homes for sale, listings, properties, & other real estate in Paramus, Oradell and Ridgewood, New Jersey, with virtual tours, photos, and more. Serving Bergen County Real Estate. National Listings Databases - Homes for sale in national American USA web site listings databases of properties. New Construction - New homes for sale, new construction and newly built properties and real estate subdivisions Unique & Luxury Homes - Home buyers, find luxury homes, real estate, beach front properties, mansions, & acreage/land for sale on these top national & international listings web sites. International Properties - Find international homes for sale on these international/global real estate web sites from Canada, Europe, France, Germany, UK, Great Britain, Spain, Italy, Asia, Africa, and beyond. Search ALL the Experts' Homes - Search the best local homes for sale from all the real estate experts, agents, REALTORS®, and brokers. Go to Main Sitemap - Main sitemap sections include Find Paramus, Oradell and Ridgewood Homes, For Home Buyers, For Home Sellers, Paramus, Oradell and Ridgewood Information, Real Estate Resources, and About Jeana Cowie. 
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Tax Considerations >Tax Breaks
Most homeowners are keenly aware of the interest tax deduction on their home loan, but there are many other tax breaks which are often overlooked at income tax time. Pro-rated property taxes and mortgage interest in the year of sale are deductible. You will find these amounts listed on your closing settlement statement. If you paid off your mortgage and had to pay a pre-payment penalty, it qualifies as tax deductible interest. If you paid an "acquisition mortgage loan fee" on a home loan, this fee can be deducted as itemized interest. Home improvement loan fees are also deductible. Any remaining loan fees from re-financed or paid-off mortgages are fully deductible at the time of the mortgage payoff.
Certain items don't qualify as deductions, but can be added to the cost basis of your home, such as transfer taxes, recording and title fees, and special local property tax assessments for new sidewalks, streets, or sewers.
Don't be intimidated by the tax code! A little research or consultation with an expert can help you maximize your real estate tax advantages.
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| Q |
What unique contribution did the town of Flushing, New York make to the American home?
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| A |
The flush toilet was invented in Flushing. |
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