Taxes

Bush Tax Cuts May Expire January 1: Homeowners of $1 M+ Properties Beware Do you own a home valued over 1 million dollars? Beware! Congress may allow the Bush Tax Cuts to expire on January 1, 2013. What does this mean for homeowners of properties valued over $1,000,000? Capital Gains taxes may rise as high […]

Ten Tax Tips for Individuals Selling Their Home IRS Summertime Tax Tip 2011-15,  August 8, 2011 The Internal Revenue Service has some important information to share with individuals who have sold or are about to sell their home. If you have a gain from the sale of your main home, you may qualify to exclude […]

“The price of new homes is fixin’ to RISE… In other words, Beat the Crowd!” Hello, Friends! When was the last time you heard THAT??? Today, we thought we’d pass along this VERY GOOD NEWS to give your spirits a better-than-average lift.  Reading graphs like this is such a pleasure… Pending Home Sales are UP 49% […]

2011 HOMEOWNERS EXEMPTION INFORMATION Kootenai County Assessor’s Office Administration Building 451 Government Way Coeur d’Alene, ID  WHAT IS THE HOMEOWNER’S EXEMPTION? The Homeowners Exemption is an exemption provided by state law that saves the property owner money on their property taxes. This happens because the exemption deducts 1/2 of the assessed value of the buildings […]