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  • Why Buyers Choose The Wolf Run Group - Why homebuyers looking for a real estate agent in the Northern Virginia, Fairfax and Clifton area choose The Wolf Run Group.

  • Latest Listings - Get The Wolf Run Group's latest Northern Virginia, Fairfax and Clifton listings of homes for sale first!

  • Find Your Perfect Home - The Wolf Run Group will search for your ideal home and email you the newest Northern Virginia, Fairfax and Clifton MLS listings of properties in Fairfax County VA.

  • First Time Homebuyers - Are you a first time homebuyer in Northern Virginia, Fairfax and Clifton, VA? Choose a top real estate agent. The Wolf Run Group can guide your home buying search.

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  • Go to Main Sitemap - Main sitemap sections include Find Northern Virginia, Fairfax and Clifton Homes, For Home Buyers, For Home Sellers, Northern Virginia, Fairfax and Clifton Information, Real Estate Resources, and About The Wolf Run Group.

 

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Real Estate Tips
Tax Considerations >Tax Reform

Owning a home still offers significant tax benefits. If you are renting, it may be a good time to sit down with a professional real estate agent to see how much you can save each year by owning your own home.

You save in two ways when you purchase a home. Even though most interest deductions have been phased out, home mortgage interest and state and local property taxes can be deducted. The interest on a home equity loan may also be deductible.

Your real estate agent can show you how these savings will apply in your situation. You may be pleasantly surprised when you compare the tax savings you will receive as a result of owning your home, and you will build up equity as your home appreciates in value! Also, first-time buyers will see expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, allowing penalty-free withdrawals to purchase a home in the Taxpayer Relief Act passed in August, 1997. Consult your tax advisor for your particular circumstance.

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Real Estate Trivia
Q 
Who is the world's largest landowner?

A 
The United States government, with holdings of 728.8 million acres of land.
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The Wolf Run Group, REALTOR®, real estate agent and broker for Northern Virginia, Fairfax and Clifton, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Diane Lenahan
Wolf Run Realty
7601 Clifton Road
Fairfax Station, VA 22039
www.WolfRunRealty.com
Phone: 703-239-5800
Fax: 703-239-8108
Email: Homes@WolfRunRealty.com

NVAR & PWAR Million Dollar Sales Club Lifetime Top Producer

GRICRSCRBREALTOREqual Housing


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