Phyllis Rittenbach - Realtor

Your home equity can be a powerful financial tool, but it deserves careful consideration.The difference between smart borrowing and emotional decisions often comes down to purpose, timing, and long-term impact.If you're considering using your equity and want a clear, no-pressure discussion about your options, comment "EQUITY" or message me and we'll look at it together.

Learn more at https://BetterHomeowners.com/PhyllisRittenbach/2026/03/31/What-Homeowners-Should-Understand-Before-Using-Their-Equity

Homeowners should have a basic understanding of the tax benefits of homeownership because it helps them see the full financial impact of owning—not just the monthly payment. Some benefits affect current deductibility, such as mortgage interest and property taxes, which may reduce taxable income. Others affect capital gains at sale, including the primary residence exclusion, long-term capital gains rates, stepped-up basis for inherited property, and capital improvements that increase basis and potentially lower taxable gain. Awareness of these categories allows homeowners to ask better questions, plan more strategically, and make more informed long-term decisions.Contact me for a Homeowner Tax Guide which will explain these items in more detail and help you with questions for your tax advisor.

Learn more at https://BetterHomeowners.com/PhyllisRittenbach/2026/03/24/Don-t-overlook-the-tax-benefits-of-homeownership