Don’t Miss the Recall

Posted Posted in Annapolis, MD real estate, Anne Arundel County real estate, Chesapeake Bay area real estate, Maryland real estate, Maryland's Eastern Shore real estate, Queen Anne's County real estate, real estate, Talbot County real estate

Occasionally, you hear about an important recall on a product you have and you take care of it immediately. However, if you were to miss such a notice, it could put you or your family in jeopardy. You can subscribe to the U.S. government’s service to notify the public when recalls are made on vehicles, […]

New Court Ruling on Mortgage Interest Deduction

Posted Posted in Annapolis, MD real estate, Anne Arundel County real estate, Chesapeake Bay area real estate, Maryland's Eastern Shore real estate, Queen Anne's County real estate, Talbot County real estate

A recent U.S. Tax Court ruling clarified the IRS position that the $1.1 million limit for mortgage interest deduction applies per residence and not per taxpayer as some high-priced homeowners were hoping. A married homeowner filing jointly can have fully deductible interest on a mortgage of up to $1,000,000 of acquisition debt and up to […]