Tuesday, April 17, 2007

Taxes and Real Estate Ownership

I was involved in my first Real Estate transaction in 1978. Since that time I have been involved in Real Estate in Colorado, northern and southern California, Chicago Illinois, north and south Carolina, Iowa, Florida, Oregon and internationally in Vancouver, British Columbia and Italy. Today, I focus strictly on Real Estate transactions in Boulder County, Colorado. I know the Boulder, Louisville, Niwot, Lafayette and Erie markets intimately and I choose to focus my energies here.

So what does that have to do with Taxes? Well, I just finished working on mine for another year and that explains why I haven't updated my blogs for a few days and also why we are so blessed in the United States with our Real Estate laws. We are one of the very few countries where you can deduct the interest from your home loan and what a boon this is! Every year at this time, I am reminded about the wonderful investment and tax sheltering opportunities that we have here and I am grateful. How about you?

Till next time...Jack

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