Homeownership can affect your taxes in ways that surprise a lot of buyers and sellers. This module isn't tax advice — it's the list of questions worth bringing to your CPA or tax preparer so nothing gets missed.
A first-time buyer in Fargo brings a short list of questions to their tax preparer before closing and learns exactly how mortgage interest and property tax deductions could affect their return the following spring.
A move-up seller in West Fargo checks in with a CPA before listing to confirm how much of their gain, if any, would be taxable, and times the sale accordingly.
A past client who already owns their home starts keeping receipts for a kitchen remodel after learning it could reduce their taxable gain whenever they eventually sell.
This module is educational only and isn't tax advice. Tax rules change and every situation is different, so always confirm your specific numbers with a licensed CPA or tax professional before making decisions.
With the tax picture in mind, it's time to make sure what you're building is protected. Continue to Module 9: Insurance, Protection & Peace of Mind, or head back to the Financial Bootcamp hub to choose a different track. You can also schedule a 1:1 strategy session with Rochelle any time.