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Get Free Lake Ozark, Four Seasons, Osage Beach and Lake of the Ozarks School Reports From Local Experts, Quickly by Email Everyone offers free school reports. We do too! Plus we offer more. As top Lake Ozark, Four Seasons, Osage Beach and Lake of the Ozarks real estate agents, we can tell you things about the schools that no report generated by a computer will ever know. Remember, we consult with people moving to the Lake Ozark, Four Seasons, Osage Beach and Lake of the Ozarks, Missouri area on a daily basis. It's our job to know, and our job to tell you. Call us for a first-hand experience of the local schools. Or fill out this form to send us a message right now. It's free and without obligation. We'll get back to you immediately with a phone call, a free report, or a brochure from a local school... What ages are your children? We'll tell you what your choices are for schools in Lake Ozark, Four Seasons, Osage Beach and Lake of the Ozarks. It's our job to help! There's no obligation, and we promise to get back to you quickly... 
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Tax Considerations >Tax Deductions
Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.
The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.
Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.
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| Q |
What land did the U.S. Government buy for $7.2 million?
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| A |
In March 1867, the US bought all of Russian America (Alaska) from Russia. |
 See More Real Estate Trivia > |
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Greg Tolbert & Tim Tabor
Reece and Nichols Al Elam Real Estate
2860 Bagnell Dam Blvd.
Lake Ozark,
MO 65049
Office -Phone:: 800-356-2311
Greg Tolbert: : 573-280-1219
Tim Tabor: : 573-480-4464
Fax: : 573-365-2310
Email:: gregtolbert@NUMBER1EXPERT.com
Tim Tabor has been a realtor at the Lake of the Ozarks area since 1978. Greg Tolbert has been a realtor at the Lake of the Ozarks since 1996. With over 48 years of combined service you are guaranteed to get the best!
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