How To Know If A Property Has An Oil Tank, Year End Mortgage Write-Off, Appraisal Threshold Requirement Raised

How To Know If A Property Has An Oil Tank

Real Estate Tip:

Close on your mortgage refi before year end and claim points you paid—the IRS allows taxpayers to deduct points for any payments made in the tax year

Real Estate Insight:

The Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve have issued a final rule to raise the threshold from $250,000 to $400,000 for residential real estate transactions that would require an appraisal