Tax Season 2021

Tax Season 2021

Although it’s hard to believe, it’s tax season once again. With the filing deadline approaching in April, many lucky filers will be looking forward to a nice tax refund.  There are a lot of different ways that you could put that money to good use, one of which is Real Estate.

Owning a home has many key benefits when compared to renting.  While 100% of your rent payment goes to your landlord, part of your Mortgage Payment goes towards principal…Which is like a forced savings plan for you to build up equity. Which makes buying a home is an amazing investment!

In fact the forecasted rate of appreciation in the United States over the next 12 months is 6%.  That means you could expect a significant gain over the next 12 months!

You could use your tax refund as a down payment on a new home or investment property. Many benefits come from putting down a large down payment such as qualifying for a lower rate, a lower monthly payment, or even eliminating mortgage insurance.

I would love to talk to you about the benefits of owning a home in your local market! Give me a call today and let’s talk. 801.206.4343

Share this post