Article in the current issue of Housing Trends eNewsletter from Angela Colley, 5 Tax Mistakes New Homeowners Make, discusses tax issues for new homeowners ... Few people look forward to tax season, and when you’re a new homeowner in Metamora MI, filing can be even more daunting. Suddenly, you have new forms to fill out and more potential for making a mistake. But taxes aren't all bad; homeowners get more tax benefits than renters. And if you can avoid these five common mistakes, you’ll survive tax season. 1. Not tracking your home improvement expenses If you bought a fixer-upper and you've put money into improving your home, you should be keeping a detailed record of your expenses. Some home improvements—like installing energy-efficient features or building an entrance ramp—may qualify ...
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