New Year, New Resolutions

I am finally back into the swing of things at work. I love the Christmas and New Year's holiday fun, but it seems like it lasted a little longer this year. Thankfully, we avoided the Fiscal Cliff Fiasco for now. I suppose you could say it was a resolution made by Congress. These are a couple of notes that I was able to find that relate to real estate. Real Estate Tax Extenders  Mortgage Cancellation Relief is extended for one year to January 1, 2014  Deduction for Mortgage Insurance Premiums for filers making below $110,000 is extended through 2013 and made retroactive to cover 2012  Leasehold Improvements: the 15 year straight-line cost recovery for qualified leasehold improvements on commercial properties is extended through 2013 and made retroactive to cover 2012.  Energy Efficiency Tax Credit: the 10% tax credit (up to $500) for homeowners for energy efficiency improvements to existing homes is extended through 2013 and made retroactive to cover 2012. Courtesy of the National Association of REALTORS(R) My personal resolutions are general. Live healthier, be more patient, and find that balance in life that everyone is looking for. Overall, I just look forward to a happier and more successful year than the previous and wish the same for you!