Tag: homeownership

 

10 Reasons why real estate is always as solid as a rock

Why do 94% of millionaires attribute real estate ownership as a significant part of how they obtained and held their wealth? It’s probably because real estate ownership is always solid as a rock. In fact, the average homeowner’s net worth is 34 times that of a renter, and 77% of homeowners say owning real estate […]

The Mortgage Interest Deduction provides tax relief for millions of homeowners.

Every April as Americans file their personal income tax returns, they breathe a collective sigh of relief when they get to the section where they can deduct the interest they paid on their mortgage. In fact, the Mortgage Interest Deduction – or MID – is one of the biggest federal government distributions, only behind the […]