Agent Profile
My job is service...service to you and your real estate transactions! How can you benefit from my 25 years of experience and expertise? What can I offer to make the process more productive?
* Current information on available housing...comparative and competitive market pricing and analysis
* Daily involvement in the local real estate marketplace.
* Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business.
* Extensive network of professional resources to make the process as smooth as possible.
My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!
JANEESE JACKSON: 503-709-0802 or jj@janeesejackson.com
Now that the Easter Bunny has come and gone, our next Portland Oregon visitor will be the “TAX MAN”. I recently wrote on “Death and Taxes” that with tax season upon us, we need to think “tax incentives”, “tax credits” and legal “tax write-offs” (with several reminders of those credits and incentives)!!! If you have procrastinated preparing and/or sending your prepared taxes, then perhaps you can research and make sure you’ve made all the possible real estate deductions.
If you bought or sold real estate in 2009, you’re probably aware that interest on the qualifying mortgage and property taxes are deductible. However, sometimes there are other legitimate expenses that are overlooked. Points paid to secure the mortgage, whether paid by the buyer or the seller on behalf of the buyer, are generally accepted as interest and are deductible. Interest to the end of the month shown on the closing statement is qualified interest and it may not show on the year end statement supplied by the lender. A prepayment penalty to retire a mortgage or points not previously deducted may be deducted on the return in the year they were paid. Of course, always rely on the counsel of your tax professional!
The Internal Revenue Service publishes a number of real estate publications. They are listed by number:
* 521 “Moving Expenses”
* 523 “Selling Your Home”
* 527 “Residential Rental Property”
* 534 “Depreciation”
* 541 “Tax Information on Partnerships”
* 551 “Basis of Assets”
* 555 “Federal Tax Information on Community Property”
* 561 “Determining the Value of Donated Property”
* 590 “Individual Retirement Arrangements”
* 908 “Bankruptcy and Other Debt Cancellation”
* 936 “Home Mortgage Interest Deduction”
These publications are available for free online or by calling (800) TAX-FORM.
About the Author | Janeese Jackson
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