Blog :: 02-2018

Did You Buy a Home in 2017?

Did you buy a home in 2017? If so, congratulations! One of the perks of home-ownership: you’ll have several great tax deductions this year! You may be able to write off portions of your mortgage payment, your interest, insurance, property taxes, and mortgage insurance, to name a few.

If you bought a home with a Paris Group Realty agent in 2017, we recently sent you a final settlement statement for your real estate transactions from the year. You, or your accountant, can use this to document deductions - and lower your tax burden! If you have questions about your deductions or if you have not received your letter yet, please reach out to us. We're always happy to help!

Wish to better understand home-related tax deductions? Here are a few articles worth referencing as you prepare taxes:

Want someone to double-check the boxes? I’m happy to recommend several great accountants who can help you maximize your tax deductions this year. 

As a reminder taxes are due on Tuesday, April 17, 2018. Good luck!


If you're thinking about buying a home or investment property, please let us know!
We're always excited to help people set and reach their real estate goals.

Planning to buy your first home in 2018 or 2019? Come to our First Time
Homebuyers Session on Thursday, 3/1/18. Click for details & RSVP today!

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The February Edition

February is finally here! To celebrate, we're heading into off to our neighborhood's Winter Lights Festival celebrations tonight. Here's what else we're looking forward to this month.

1. Tax Prep: maybe not much look forward to, but worth getting ready for instead of scrambling in March or early April. If you bought a home in 2017, don't forget to review what deductions you may be eligible for when filing. If you bought a home through us, you should receive a letter soon with tax information. (Quick reminder: the Tax Bill recently passed does not affect 2017 taxes.)

2. Mid-Winter Getaway: while escaping to a sunny tropical location may not quite be in the books, a weekend escape always feels good this time of year. We think a visit to the Coast or Willamette's Wine Valley is in order for a change of scenery.

3. Super Bowl: Ok... truth be told, we're looking forward to gathering with friends, the food, and the commercials. Here are two recipes you can easily whip up regardless if you're hosting or need to bring a something to share this Sunday. These Crispy Chickpeas remind us the ones at Oven & Shaker, with a generous serving of salt flakes and rosemary; a delicious Salsa Verde Queso (don't forget the chips!); or if those don't float your boat, here are 50 more ideas.

4. Save the Date for our First Time Homebuyers Session! Our team will be hosting a session on Thursday, March 1, from 5:30- 7p, to review the home buying process here in Portland, tips to get ready loan applications, and how we work alongside our clients to help them find the right home for their lifestyle. Please RSVP so we can save you a seat!

 

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