10 Common Errors Home Owners Make When Filing Taxes
Don’t rouse the IRS or pay more taxes than necessary–know the score on each home tax deduction and credit.
As you calculate your tax returns, consider each home tax deduction and credit you are-and are not-entitled to. Running afoul of any of these 10 home-related tax mistakes-which tax pros say are especially common-can cost you money or draw the IRS to your
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Industry Relations Announces New Focus on RPR REALTOR® Service
It is hard to believe that it was just 18 months ago when RPR was unveiled at the NAR Annual Convention in San Diego. Since that time, REALTORS® all over the country have been checking out this new NAR member benefit, and MLSs and Associations continue to embrace this new tool as an important part of the value they bring to their members. Recently RPR announced it had surpassed an important milestone, enrolling over 510,000 REALTORS®, represented by contracts with 287 MLSs. This is a significant achievement, as RPR now has more REALTORS® enrolled in RPR, as it does REALTORS® waiting for their MLSs to work through the contract
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Knowledge is Power
As a real estate agent or broker, you know how busy your day can get— you’re never sitting still. Even though you’re always on-the-go, an integral part of offering homebuyers and sellers the best experience possible is the ability to draw from convenient, comprehensive sources of information. Let’s take a look at a few of these more in depth.
1) Comprehensive information about a property. If you have all the key information about a property, your homebuyer clients will be able to make a more informed choice. Think of it this way – when you purchase a car, you want to see a vehicle history report. Before you hire an employee, you may want to do a background check. Today, homebuyers want to do as much research—or more— for what will be one of the most important purchases of their lives.
As you already know, your homebuyer clients often find the following property information helpful:
Prior sale amounts
Property tax information
Complete square footage
Ownership
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