John R. Wood Properties
Lenore Vitale, John R. Wood PropertiesPhone: (239) 370-7030
Email: [email protected]

Tag: Taxes

Posted on 05/22/2023
Flipping a House: How Much Funding Do You Need?
For many, flipping homes is lucrative. However, there are many costs associated with flipping a property, and it’s important to budget carefully for every detail. Here are the major costs to consider when determining how much funding you’ll need for a flip: Down Payments Just like buying a move-in ready house, buying a house you intend to flip...
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Posted on 11/07/2022
Understanding PITI
PITI, which is short for "principal, interest, taxes and insurance," is an essential term to know for anybody seeking a mortgage loan. The acronym refers to the relationship between these four numbers expressed in a ratio and can tell lenders about your financial status. Here is a breakdown of the term and why it matters to potential homeowners...
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Posted on 01/26/2020
Homestead Exemption Laws in Florida
Photo by Kelly Sikkema on Unsplash Florida has fairly lax homestead exemption laws. In addition to the homestead exemption, property owners might be eligible for additional tax breaks, including the Save Our Homes assessment limitation. Veterans, seniors, disabled first responders and active duty service members all have additional tax breaks. Additionally, properties with special uses might also qualify...
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