If you bought a new home in Atlanta last year, now is the time to file for a Homestead Exemption in your county. This can save you thousands of dollars in property taxes! Looking for more information on how to apply? Here are some helpful tips to get you started and links to the appropriate websites from counties such as[...]
The 2023 property tax analysis by ATTOM Data Solutions on metro areas with populations of one million or more shows a seven percent average increase in property taxes for U.S. single-family homes. Metro Atlanta property taxes had the fifth largest increase in the country year-over-year, with a 15.2 percent increase. Needless to say, the Georgia capital took a big leap in[...]
While purchasing a home is a massive financial undertaking, there are a few tips homeowners can implement to make the most out of owning a home. Whether a veteran homebuyer or a brand-new homeowner, special tax deductions can lessen the financial burden of purchasing and maintaining a home. Make the most out of tax season by implementing these five essential tips: Organization[...]
Atlanta’s Best New Homes Show recently welcomed Loan Consultant Matt Reyes with New American Funding. Reyes joined this segment of Mortgage Minute sponsored by New American Funding to discuss how to use your tax return to get a mortgage! “It’s tax season and this is many people’s favorite time of year,” said Reyes. “Now is a great opportunity to use those[...]
[youtube https://www.youtube.com/watch?v=RDPXE8GBSlY&color2=FBE9EC&version=3] April is upon us, meaning taxes are due. In this week’s edition of the Mortgage Minute series, Travis Evans, a mortgage banker with Academy Mortgage, explains how your taxes can affect a home mortgage. Many people may be unaware of this, but your tax return can affect the amount of mortgage you may qualify for. For example, filing a business[...]
[youtube https://www.youtube.com/watch?v=2Sd3MlLRU60&color2=FBE9EC&version=3] This week, Academy Mortgage is back for another segment of Mortgage Minutes. Today, Gina Spearman discusses how Atlanta home buyers are able to use their tax return toward a down payment for a new home. The beginning of the year is a great time to start looking to for a new home to purchase. Many builders have not ended the[...]
It’s a common practice for homeowners to pay their January mortgage during the month of December to help reduce their taxes. If you did this, you may be interested in learning how this will impact your 2014 taxes, which you’ll pay in 2015. With this early payment, you most likely made 13 interest payments throughout the year instead of 12.[...]
[youtube https://www.youtube.com/watch?v=2Sd3MlLRU60&color2=FBE9EC&version=3&modestbranding=1] In this week’s Mortgage Minutes, Academy Mortgage explains how your tax refund can be used for a down payment on a new home in metro Atlanta. The beginning of the year is a great time to get a mortgage and buy a home, as many builders haven’t ended their promotions from 2014, or they’ve already begun offering new first[...]
The IRS is making changes in 2015 that aim to limit the number of fraudulent tax returns submitted. According to the Federal Trade Commission (FTC), tax- and wage-related fraud was the most common type of identity theft reported from 2011 through 2013. Identity theft is so common with tax refunds because people are able to steal social security numbers and use[...]
It’d be nice to file your taxes early in the year and forget about them for the next 12 months, but unfortunately, that’s not the best idea. You should take a little time mid-year to assess your tax situation to determine whether or not you should make any changes. Here are a few things to consider according to the tax[...]