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Welcome! Here You Can Find Great Information on Brampton and Toronto West, Real Estate  Looking for homes? Search everything the web has to offer, right here! Don't miss my Feature Homes. Need local real estate information? I've summarized much of what is important about the Brampton and Toronto West real estate market in this site. Need expert advice? No web site, large or small, can take the place of a real estate agent. Not even mine! This site is filled with ways that you can contact me for one-on-one expert help and advice. That's my job. Contact me with confidence! I guarantee your privacy will be respected. And I offer the services on this site for free and without obligation. Why? I want to be YOUR real estate agent. As your trusted, professional real estate partner, I will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. I have the experience and track record you are looking for. - Carol-Anne Schneider 
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Tax Considerations >Tax Breaks
Most homeowners are keenly aware of the interest tax deduction on their home loan, but there are many other tax breaks which are often overlooked at income tax time. Pro-rated property taxes and mortgage interest in the year of sale are deductible. You will find these amounts listed on your closing settlement statement. If you paid off your mortgage and had to pay a pre-payment penalty, it qualifies as tax deductible interest. If you paid an "acquisition mortgage loan fee" on a home loan, this fee can be deducted as itemized interest. Home improvement loan fees are also deductible. Any remaining loan fees from re-financed or paid-off mortgages are fully deductible at the time of the mortgage payoff.
Certain items don't qualify as deductions, but can be added to the cost basis of your home, such as transfer taxes, recording and title fees, and special local property tax assessments for new sidewalks, streets, or sewers.
Don't be intimidated by the tax code! A little research or consultation with an expert can help you maximize your real estate tax advantages.
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| Q |
According to Feng Shui, the art of home placement, what five elements are needed in a harmonious environment?
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| A |
Wood, fire, earth, metal and water must be balanced to create a happy, prosperous home. |
 See More Real Estate Trivia > |
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Carol-Anne Schneider
Realty Executives Plus Ltd., Brokerage
4310 SHERWOODTOWNE BLVD
Mississauga, ON L4Z 4C4
905-278-1900
Fax: 905-450-8796
CarolAnn@carolanneschneider.com
Carol-Anne has been a resident of the Brampton area since 1968. She prides herself on her knowledge and commitment to her community. Since joining the Award Winning Team of Realty Executives in 1994, Carol-Anne has excelled in her profession enjoying outstanding achievements, including consecutive yearly membership in the 100% Club and the prestigious Top 10% Executive Club with Realty Executives International since 1997. Most recently, Carol-Anne also received the Realty Executives International Chairman’s Award for 2002and again in 2009. 
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