Real estate is one of the best, if not THE BEST, ways to build wealth in America partially because of the tax benefits available to property owners. With that in mind, we have assembled the list of 2022 resources and tax deductions for property owners below. Important Note About Private Mortgage Insurance (PMI) For 2022 Returns: Private Mortgage Insurance (PMI) for principal Continue Reading
Archives for February 2023
How Do Buyer’s Agents Get Paid?
When a home is "listed" for sale, the seller agrees to pay a commission which the seller’s broker typically splits with the buyer's brokerage company. The amount that the buyer’s broker will receive is specified in the Realtor's Multiple Listing Service database (also known as the MLS). In the Greater Boston area, the fee that a seller’s agent splits with the buyer’s agent is often around 5 Continue Reading