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Getting Started: Tips for Atlanta Home Owners

1.     Look for statements from your mortgage company showing interest, property taxes, PMI and hazard
insurance paid for last year. You’ll need this information for your tax return;

2.     Check your county tax website to confirm that all taxes have been paid (watch for additional bills
or appeal resolutions);

 3.     If you bought or sold last year, check www.GSCCCA.org to confirm that your deed was recorded
(December closings may not be recorded and indexed until February);

 4.     File for homestead exemption if you bought last year and occupy a new residence . You may need to refile
if you signed any new deeds or received any new deeds as part of a divorce or refinance;

 5.     Check your credit to confirm that paid-off mortgages and other loans are shown properly;

 6.     If you sold property in a short sale or lost property in a foreclosure, be prepared for 1099 income
forms that will come from the old lenders – debt forgiveness may be taxable;

 7.     Gather all mortgage info for your tax preparer:  any closing statements from sales or refinances, property
tax statements, and mortgage interest statements.

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