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Marie Iden, Broker Associate REALTOR® (BRE License Number 00671185)
P.O. Box 349
Bass Lake,  CA  93604
800.630.4740
559.325.4740 
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7 Things Every Homeowner Should Know About the Aquapocalypse
Over the next couple of decades more than 400 counties in the U.S. may be going through an extreme dry spell, according to a st
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How to Deduct Your Mortgage Interest & Equity Loan Costs
Deducting mortgage interest is a great tax benefit that can make home ownership more affordable. Your first mortgage isn't the only loan that qualifies, either. In many cases, you can also deduct interest on home equity loans, second mortgages, and home equity lines of credit, or HELOCs.

You need to itemize your return to reap the benefits of these deductions. Calculations can be complicated, so consult a tax adviser.

Know your loan limits
A good place to check out what you can deduct before you borrow is the chart on page 3 of IRS Publication 936. It’ll walk you through the requirements you must meet to deduct all of your home loan interest.

The first hurdle you'll run into is the total amount of your loan or loans. In general, individuals and couples filing jointly can deduct interest on loans up to $1 million ($500,000 if you're married and filing separately). The money must have been used for acquisition costs — that is the cost to buy, build, or substantially improve a home, explains Scott O’Sullivan, a certified public accountant with Margolin, Winer & Evens in Garden City, N.Y. Any interest paid on loan amounts above the $1 million threshold isn’t deductible.


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Looking at a Home like a House Inspector
Although you should hire a qualified professional home inspector when buying a home, it's useful to learn the basics of home inspection yourself. Being able to see a house though an inspector's eyes allows you to get a general assessment of a home in a short amount of time, helps you know how to prepare for an inspection, and provides guidelines for giving your home an occasional checkup. Although this list isn't a substitute for a professional home inspection, here are some things to look for when assessing a house.
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Marie Iden, Broker Associate
REALTOR®
P.O. Box 349
Bass Lake,  CA  93604
800.630.4740
559.325.4740 
Contact Me
Visit My Web Site
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Drought Tolerant Landscaping
With severe drought conditions across large swatches of the west and pockets of the rest of the United States, many homeowners are looking for ways to conserve water on landscaping. But there's no need to rip out your whole yard and replace it with gravel—unless you want to. There are plenty of other ways to create a drought-tolerant landscape while also creating a beautiful and functional space. And drought-tolerant landscaping not only saves water immediately, but will be more resilient against future droughts. Here are some ideas: ...more
 
Tackling Tricky Cleaning Jobs
There are a few tricky cleaning jobs universally dreaded for being time-consuming, hard, or just plain confusing. How are you s ...more
 
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