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Find Warsaw, Truman Lake and Lake of the Ozarks Homes:

  • Feature Homes - Homes for sale, listings, properties, & other real estate in Warsaw, Truman Lake and Lake of the Ozarks and Missouri with virtual tours, photos, and more. Serving Benton County Real Estate.

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School Reports in Warsaw, Truman Lake and Lake of the Ozarks, Missouri
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Real Estate Tips
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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Real Estate Trivia
Q 
Where is the world's largest mud building?

A 
The Grand Mosque in west Africa measures 328 feet long and 131 feet wide, and has been carefully maintained for centuries by local craftsmen, especially during the rainy season.
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Shelley Hare, REALTOR®, real estate agents and broker for Warsaw, Truman Lake and Lake of the Ozarks Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

Team Hare
RE/MAX of Warsaw

1605 Sunchase Drive
Warsaw, MO 65355
Tel: 660-438-7100
Fax: 660-438-2790
Email: info@teamhare.com


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