Forsyth, Mt. Zion and Decatur Illinois real estate listings, home buying, selling and relocation information

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Glenda Williamson ABR CRS GRI LTG is one of The Top Selling Real Estate Experts™
Glenda Williamson LTG, is one of The Top Selling Real Estate Experts™
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From My Affiliates: Forsyth, Mt. Zion and Decatur Illinois home buying, real estate listings, and homes for sale in Macon County, IL

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Tax Considerations >Tax Reform

Owning a home still offers significant tax benefits. If you are renting, it may be a good time to sit down with a professional real estate agent to see how much you can save each year by owning your own home.

You save in two ways when you purchase a home. Even though most interest deductions have been phased out, home mortgage interest and state and local property taxes can be deducted. The interest on a home equity loan may also be deductible.

Your real estate agent can show you how these savings will apply in your situation. You may be pleasantly surprised when you compare the tax savings you will receive as a result of owning your home, and you will build up equity as your home appreciates in value! Also, first-time buyers will see expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, allowing penalty-free withdrawals to purchase a home in the Taxpayer Relief Act passed in August, 1997. Consult your tax advisor for your particular circumstance.

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Q	What high-profile rental property rents for $13,500 a month although the star hasn't lived there for over 20 years?
A	Shirley MacLaine's name is still used to promote her Encino, CA, estate even though she hasn't lived there in years.
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Glenda Williamson ABR, CRS, GRI, LTG,, REALTORŽ, real estate agent and broker for Forsyth, Mt. Zion and Decatur Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Glenda Williamson, ABR, CRS, GRI, LTG
Glenda Williamson Realty
1110 W Arbor Dr, Suite D
Decatur, IL
62526
Office: 217-875-8081
Toll Free: 877-475-9972
Fax: 217-875-8110
Glenda@GlendaWilliamson.com
When it comes to succeeding in the Decatur and surrounding area real estate market, you want to enlist the best team possible to help you reach your goals. Thats where Glenda Williamson Realty comes into play. Glenda has built her reputation as an industry leader by offering people extremely caring and comprehensive service during the sale or purchase of their home. With an experienced support staff by her side, she has the resources, insight and experience to ensure you get the specific results youre looking for during the sale or purchase of your home. As a result, Glenda Williamson Realty has become a growing tradition for families throughout Decatur and the surrounding area who want to make the most out of their move. Here are just a few of the unique advantages that Glenda Williamson Realty has to offer.

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