Returning from a whirlwind July with some Tax Tips!

This has been a summer to remember! My mom took my daughter Violet and I on a long awaited trip to Spain and then Violet won the Bronze medal for her Freestyle routine at the USA Roller Sports National Championships in Reno, Nevada! I'm so happy to be back in my beloved Richmond, VA and ready to give you guys some tax tips for 2025!

Real estate continues to be one of the best tools for building long-term wealth, and recent updates from the “One Big Beautiful Bill Act” just reinforced that. A few highlights:

State & Local Tax Deduction: Now up to $40,000 (was $10,000).

Mortgage Interest Deduction: The $750,000 limit is now permanent.

PMI Deduction: You can once again deduct mortgage insurance premiums.

Investor Perks: Bonus depreciation and QBI deductions are permanent, and 1031 exchanges are still in play.

Now’s a great time to check in and make sure your real estate strategy is working for you. Reach out if you want to talk about your current home’s value or what’s next - I’m here to help and can connect you with trusted partners for everything from financing to moving to tax prep.

Enjoy these last few days of summer!

You Are Important to Me!

I want to make sure you know how much I value you as a client. My primary source of new business is referrals from people who already know and respect me, and I want to build my business by working with great people like you. My goal is that you will be so impressed that you can’t wait to tell your friends and family about me and the fantastic service you received!

I am always looking out for you and keeping you informed! Please don't hesitate to reach out if you have any questions about where things are going in your neighborhood. If you want to take advantage of this unique market, let's have a conversation about your real estate goals. And the best compliment I could ever receive is for you to send another wonderful client my way. I am always here for you and the people you care about!