Tax Season Sisters : Home Buying Tips and Tax Education

Hi everyone! We're Laiz, a tax expert, and Liz, a mortgage lender, and yes, we're sisters! In this episode, we're excited to share our journey and provide essential tips on how to navigate tax season and prepare for buying a home. Having been scammed and faced numerous obstacles in purchasing our first home, we know how crucial it is to get your taxes right. We'll discuss why starting with your taxes is essential before even contacting a realtor, and how having a mortgage lender that works in sync with your tax advisor can make a huge difference. From strategies for W-2 employees to tips for the self-employed, we'll demystify the process and share useful tax deductions. Plus, we'll talk about the financial benefits of homeownership, the best time to buy, and how to plan ahead to save time, money, and avoid headaches. Tune in and gain valuable insights that can help you on your home-buying journey! What You'll Hear: 00:00 Introduction and Purpose 00:26 The Importance of Correct Tax Filing 01:23 Steps to Prepare for Home Buying 03:09 Understanding Different Employment Categories 04:32 Tax Deductions and Income Considerations 06:48 Personal Experiences and Lessons Learned 08:37 The Missed Opportunity at 23 08:53 The Journey to Homeownership 09:27 The Reality of Real Estate Appreciation 10:08 Navigating Financial Fears 11:07 Making Smart Financial Decisions 11:29 The Impact of COVID on Real Estate 11:45 The Importance of Being Informed 12:50 Exploring Income Opportunities from Your Home 13:54 The Benefits of Refinancing 14:58 Taking the First Step Towards Homeownership 16:03 Contact Information and Final Thoughts Connect with Liz: www.instagram.com/lizlvlender 305-590-3087 Connect with Laiz: 305-590-3016