News

Nearly half of Florida homeowners risk losing equity to hidden taxes. A frozen federal cap is turning profit into liability ...
But home equity borrowers, whether they used a home equity loan or HELOC, have potentially valuable tax deductions to explore before submitting their return. So take the time to understand the ...
According to a report by Florida for Boomers, using information gathered by Florida Tax Watch, a nonprofit taxpayer research ...
The Hidden Home Equity Tax Straining Families For Staying In House Too Long. According to Realtor, roughly 1-in-3 homeowners—approximately 29 million households—have built up more home equity ...
Federal Trade Commission, "Home Equity Loans and Home Equity Lines of Credit." Accessed March 21, 2024. IRS, " IRS provides tax inflation adjustments for tax year 2024 ." ...
Will Florida ditch property taxes as home prices surge? By . Emily Davis. Published March 20, 2025, 3:00 p.m. ET. Soaring home coasts are driving Florida legislators to propose radical solutions.
In a move likely to lighten the load for thousands of retirees in Florida, the state has introduced a new COLA to its property tax exemptions to help seniors cope with rising housing costs ...
If you took out a home equity loan between 2017 and 2025, you can deduct the interest if you used the loan funds to buy, build, or substantially improve the property.