Lake Geneva, Walworth County and Southeast Wisconsin real estate and homes for sale in Wisconsin, Waterfront And Lake Homes - Laura Rodriguez and Debbie Cobian, REALTORS® Laura Rodriguez and Debbie Cobian REALTORS(r) for Lake Geneva, Walworth County and Southeast Wisconsin, Wisconsin real estate, Waterfront And Lake Homes - NUMBER1EXPERTS™ Laura Rodriguez and Debbie Cobian NUMBER1EXPERTS(tm) for Lake Geneva, Walworth County and Southeast Wisconsin, Wisconsin real estate, Waterfront And Lake Homes
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262-325-7311
or
Call Debbie @
262-949-9818

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"...........you sold my home quickly..."
"Thanks to you and all your co-workers. You sold my home quickly and made closing easy..."
Gerry Geniesse
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Go Green: Lake Geneva, Walworth County and Southeast Wisconsin Wisconsin home buying, real estate listings, and homes for sale in Walworth                       County, WI
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Your Lake Geneva Team is GOING GREEN!
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Preservation Homes, a local Green Builder.  We have home and lot packages starting at $219,000.
For details on all our Green Developments and Green Floor Plans visit
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Real Estate Tips
Tax Considerations >Tax Deductions

Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.

The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.

Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.

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Real Estate Trivia
Q 
During what months of the year do most people move from one home to another?

A 
Most moves occur between the months of May and September.
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Laura Rodriguez and Debbie Cobian, REALTOR®, real estate agents and broker for Lake Geneva, Walworth County and Southeast Wisconsin Wisconsin home listings, property and land for sale - NUMBER1EXPERT(tm)

Debbie Cobian and Laura Rodriguez
Coldwell Banker Primus

226 Broad Street
Lake Geneva, WI 53147
262-348-1100
800-320-1180
262-348-9053
Laura's Cell: 262-325-7311
Debbie's Cell: 262-949-9818
LauraandDebbie@NUMBER1EXPERT.com

Laura Rodriguez and Debbie Cobian are Top Producing Brokers in the Lake Geneva area. Buyers and Sellers rate their service the best! With the team concept, you get two licensed professionals to help with all your real estate needs. Add the National Recognition of COLDWELL BANKER for a perfect partnership. For the experience and progressive service you deserve, contact Laura or Debbie today!


Coldwell Banker Primus real estate and homes for sale in Lake Geneva, Walworth County and Southeast Wisconsin Wisconsin

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