Florence Oregon Real Estate 100 HIGHWAY 101 P.O. BOX C FLORENCE, OREGON 97439 1-800-999-5343   Search ALL Florence Properties Property Type: Residential Multi-family Commercial land farm From Price: 0 25,000 50,000 75,000 100,000 125,000 150,000 175,000 200,000 225,000 250,000 275,000 300,000 325,000 350,000 375,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 To Price: 50,000 75,000 100,000 125,000 150,000 175,000 200,000 225,000 250,000 275,000 300,000 325,000 350,000 375,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 1,250,000 1,500,000 1,750,000 1,750,000+ Bedrooms: Baths: 1 2 3 4 5+ 1 2 3 4+ search by MLS#:     Real Estate Tips Income Savings Tax Because of income tax deductions, the government is basically subsidizing your purchase of a home. All of the interest and property taxes you pay in a given year can be deducted from your gross income to reduce your taxable income. For example, assume your initial loan balance is $150,000 with an interest rate of eight percent. During the first year you would pay $9969.27 in interest. If your first payment is January 1st, your taxable income would be almost $10,000 less – due to the IRS interest rate deduction. Property taxes are deductible, too. Whatever property taxes you pay in a given year may also be deducted from your gross income, lowering your tax obligation.     site map Bridge photo courtesy of Christopher Perez click here to visit his site

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