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Why Buyers Choose Mike Robinson and Associates - Why homebuyers looking for a real estate agent in the Peachtree City, Fayetteville and Newnan area choose Mike Robinson and Associates. Latest Listings - Get Mike Robinson and Associates' latest Peachtree City, Fayetteville and Newnan listings of homes for sale first! Find Your Perfect Home - Mike Robinson and Associates will search for your ideal home and email you the newest Peachtree City, Fayetteville and Newnan MLS listings of properties in Fayette County GA. First Time Homebuyers - Are you a first time homebuyer in Peachtree City, Fayetteville and Newnan, GA? Choose a top real estate agent. Mike Robinson and Associates can guide your home buying search. Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Peachtree City, Fayetteville and Newnan house or other real estate or property. Go to Main Sitemap - Main sitemap sections include Find Peachtree City, Fayetteville and Newnan Homes, For Home Buyers, For Home Sellers, Peachtree City, Fayetteville and Newnan Information, Real Estate Resources, and About Mike Robinson and Associates. 
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Tax Considerations >Tax Reform
Owning a home still offers significant tax benefits. If you are renting, it may be a good time to sit down with a professional real estate agent to see how much you can save each year by owning your own home.
You save in two ways when you purchase a home. Even though most interest deductions have been phased out, home mortgage interest and state and local property taxes can be deducted. The interest on a home equity loan may also be deductible.
Your real estate agent can show you how these savings will apply in your situation. You may be pleasantly surprised when you compare the tax savings you will receive as a result of owning your home, and you will build up equity as your home appreciates in value! Also, first-time buyers will see expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, allowing penalty-free withdrawals to purchase a home in the Taxpayer Relief Act passed in August, 1997. Consult your tax advisor for your particular circumstance.
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| Q |
1992 marked the first year since before the Civil War that there were fewer than 2 million ________ in the United States?
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| A |
There are fewer than 2 million farms, and agricultural land is still being carved up for residential and commercial uses. |
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