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 Wouldn't it be great to live at the Lake forever? The Lake is ideal for anyone wishing to make the Ozarks their vacation or permanent home.
The community grew phenomenally in the late 1990's with the opening of the Community Bridge in May 1998. The Lake evolved from a summer recreation spot to regular weekend vacation place. Now, many regular weekenders are becoming full time residents. Where else but in this mid-Missouri paradise can you find such affordable housing? There are country homes with lots of acreage and in-town homes with neighborhood appeal. The Lake offers homes with a wide price range.
You are invited to sample what living at the Lake of the Ozarks is all about. For more information, checkout the sites and phone numbers listed below. Also, request our Free Lake of the Ozarks Relocation Package. It's packed full of useful and important information about the Lake Ozark, Osage Beach, Eldon, Camdenton, Sunrise Beach, Laurie, Macks Creek, Montreal, Linn Creek, Rocky Mount, Four Seasons, Porto Cima, and The Villages. Don't move here without it! Remember: We'll send it to you for free and without obligation. Just fill out the form and we will send it right out...
- Lake of the Ozarks Convention &
Visitor Bureau
800-FunLake, 573-348-1599 or
http://www.funlake.com
- Lake Area Chamber of Commerce
800-451-4117 or 573-964-1008
- Camdenton Area Chamber of Commerce
800-769-1004 or 573-346-2227
- Lake of the Ozarks West Chamber of
Commerce
573-374-5500
- Eldon Chamber of Commerce
573-392-3752
- Versailles Chamber of
Commerce
573-378-4401
- Warsaw Chamber of Commerce
800-Warsaw-4 or 660-438-5922
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Tax Considerations >Tax Deductions
Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.
The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.
Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.
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| Q |
What famous writer's home is Rowan Oak?
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| A |
Rowan Oak in Oxford, Mississippi, was the home of William Faulkner from 1930 until his death in 1962.
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 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
