Claremont, Upland, and Rancho Cucamonga real estate and homes for sale in California - Karen Angona, REALTOR® Karen Angona REALTOR(r) for Claremont, Upland, and Rancho Cucamonga, California real estate - NUMBER1EXPERT™ Karen Angona NUMBER1EXPERT(tm) for Claremont, Upland, and Rancho Cucamonga, California real estate
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Karen Angona, REALTOR®, real estate agent and broker for Claremont, Upland, and Rancho Cucamonga California home listings, property and land for sale - NUMBER1EXPERT(tm)
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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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Karen Angona, REALTOR®, real estate agent and broker for Claremont, Upland, and Rancho Cucamonga California home listings, property and land for sale - NUMBER1EXPERT(tm)

Karen Angona
Century 21/Prestige Properties
255 W. Foothill Blvd. Suite 100
Upland, CA 91786
Direct Line: 909-920-4625
Cell: 909-732-3910
Fax: 909-982-8610
Email: karen@karenangona.com

Karen Angona is a top-producing associate-broker with Century 21/Prestige Properties. If you choose Karen, you will have the advantage of a sales person with 25 years real estate experience in the Inland Empire as well as individualized, quality service. Karen stays informed with the technological and real estate market changes. She loves the Foothill Communities area that is nestled at the base of Mount Baldy and The San Bernardino National Forest. Karen has a unique combination of experience and enthusiasm, which she shares with her clients. Her motto is "Call Karen and Start Packing. License#0401984

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