| Florence Oregon
Real Estate |
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100 HIGHWAY 101
P.O. BOX C
FLORENCE, OREGON
97439
1-800-999-5343 |
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| Real Estate Tips |
Income Savings Tax
Because of income tax deductions, the government is basically subsidizing your purchase of a home. All of the interest and property taxes you pay in a given year can be deducted from your gross income to reduce your taxable income.
For example, assume your initial loan balance is $150,000 with an interest rate of eight percent. During the first year you would pay $9969.27 in interest. If your first payment is January 1st, your taxable income would be almost $10,000 less – due to the IRS interest rate deduction.
Property taxes are deductible, too. Whatever property taxes you pay in a given year may also be deducted from your gross income, lowering your tax obligation. |
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email
us |
Physical
Address: 100 Highway 101

Mailing Address: P.O. Box C
E-Mail Address
cbcoast@cbcoast.com

Office: 541.997.7777

Toll Free: 1.800.999.5343

Fax: 541.997.7159
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Monday - Friday 8:00 - 5:00
Saturday 9:00 - 5:00
Sunday ..... variable hours
By appointment anytime.... |
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| Featured Property |

Property #: MLS# 10060598
Price: $549,000
Description: BEAUTIFUL, QUALITY HOME OFFERING PRIVACY AND OCEAN VIEWS
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