It is a GREAT time to buy a home in the Myrtle Beach area.  There are so many choices these days and the U.S. tax code makes buying a home a good deal for almost everyone.

Here are a couple of reasons why (as outlined in the Boston Globe in 2008):

1.  Mortgage interest deductions, including in some cases mortgage insurance premiums, reduce home owners' tax liability by reducing income.  The deduction includes interest paid on both a first and a second home.

2.  Interest on home equity loans is also deductible - whether you use the money to remodel the kitchen or take a trip to Disney World!

3.  When you sell your primary residence, any profit on the sale of the property is tax free up to $250,000 for single and $500,000 for maried home owners.  Profit above that is considered capital gains.

4.  Home owners can itemize - opening up opportunities to deduct many other items that might not be deductible if you take the standard deduction.

Always consult your accountant or CPA regarding the tax laws and your deductions.

If you are looking for a NEW HOME in the Myrtle Beach area, you will have lots of choices.   Just CLICK below to see NEW HOMES and homes up to 2 years of age.  Please contact  SHARON HALL at Shall523@aol.com or 800-498-6196 if you want more information or if you would like to see any of these properties: 

NEW HOMES IN THE LITTLE RIVER AREA

NEW HOMES IN NORTH MYRTLE BEACH AREA

NEW HOMES IN THE MYRTLE BEACH AREA - There are almost 600 new homes in the Myrtle Beach area.  If you want to see them all, let me know - email shall523@aol.com

NEW HOMES IN THE GRANDE DUNES AREA

NEW HOMES IN MURRELL'S INLET

NEW HOMES IN PAWLEY'S ISLAND & SURFSIDE

NEW HOMES IN GARDEN CITY

 Want more new homes?? - Email me at shall523@aol.com and let me know what you are looking for and I'll do a special search just for you.