Are You Getting the Tax Breaks You Deserve?

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Today I wanted to share some tips with you to save you some money in 2015. I can't believe it's already February, because we've been very busy already this year, which is a great sign for the Houston real estate market.

The first thing that we should talk about is the Homestead exemption. If you lived on your property through January 1st and it's your primary residence, you're going to be eligible for a Homestead, which will save you a considerable amount when you pay taxes. If you bought a home last year, make sure to document it and get that exemption in place. If you already have a Homestead exemption, you can go to www.HCAD.org and check to make sure your Homestead exemption is in place.

The other thing we need to speak about is insurance. The costs of construction have risen sharply in the last few years, so if you file an insurance claim and need to rebuild something, you need to make sure you're covered for the increased costs of building. Be sure to speak with your insurance agent if you have not done so in a while, so that when you file a claim, you'll be covered.

In the next couple of weeks, I'll be updating you on the real estate market here in Houston. Stay tuned, because we're expecting big things here in Houston for 2015.

As always, reach out to us if you need any assistance. We're always happy to help!