Homeownership Feed

Just a thought about cold weather...Ifyou have outdoor facuets for the hoses to water the lawns and wash the cars...you may want to begin thinking about turning those off from inside the building. The temperatures are getting a little colder at night. This will prevent you from having a costly repair or even worse water damage to the inside of your home. Read more →

Michael Mahoney
Boston area Realtor®
Affiliated with Century 21
MA. Lic.#9051300
Corp. Lic.#10046
{c}617-615-9435
{e}mike@mmahoney.com
{w}www.RealtorMikeMahoney.com


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Thermostats, Batteries and a Way to Save Some Money by Not Having to Call a Plumber

With the change in the seasons here in New England comes the need to have to have to turn on the heat. Many homeowners will go to turn on the heat and find out that nothing happens when they do so. A few weeks ago, I was at a BNI meeting in Boston. BNI is Business Networking International. Dave Barry, the plumber in the group mentioned that he gets a ton of service calls on "no heat" during this time of year. He mentioned that if you are using a digital thermostat to change the batteries. Fastforward, last week I... Read more →

Michael Mahoney
Boston area Realtor®
Affiliated with Century 21
MA. Lic.#9051300
Corp. Lic.#10046
{c}617-615-9435
{e}mike@mmahoney.com
{w}www.RealtorMikeMahoney.com


See All Homes for Sale in Boston Under 400k

See All Homes 400k+ in Boston

See All Homes Over 1mm in Greater Boston

Get the Value of Any House Now

See how much equity there is in your property now
@ YourEquityFinder.com

 


Tax Benefits of Homeownership The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works. Assume: $9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest) $2,700 = Property taxes (at 1.5 percent on $180,000 assessed value) ______ $12,577 = Total deduction Then, multiply your total deduction by your tax rate. For example, at a 28 percent tax rate: 12,577 x 0.28 = $3,521.56 $3,521.56 = Amount you have lowered your federal income tax (at 28 percent tax rate)... Read more →

Michael Mahoney
Boston area Realtor®
Affiliated with Century 21
MA. Lic.#9051300
Corp. Lic.#10046
{c}617-615-9435
{e}mike@mmahoney.com
{w}www.RealtorMikeMahoney.com


See All Homes for Sale in Boston Under 400k

See All Homes 400k+ in Boston

See All Homes Over 1mm in Greater Boston

Get the Value of Any House Now

See how much equity there is in your property now
@ YourEquityFinder.com