Taxes and More

National 529 Day – Did You Know?

If you put money into a 529 education savings plan, earnings may be withdrawn federal income tax-free when used for qualified education expenses. Qualified expenses can include tuition, fees, books, supplies, computers, and for students enrolled at least half-time, certain room and board costs.

While 529 contributions are not deductible for federal income tax purposes, many states offer a full or partial state income tax deduction or credit for contributions. Some states and plan sponsors may also offer special incentives around National 529 Day.

Recent law changes expanded the use of 529 plans. In 2026, up to $20,000 per year, per student, may be used for qualified K–12 education expenses at public, private, or religious schools. Prior years were generally limited to $10,000 annually.

From choosing the right paint colors to perfecting your furniture layout, small adjustments can significantly impact how a buyer perceives your home for the first time. We explore how to create a showroom-quality feel in this blog post to ensure your property stands out from the competition.

Read it here: https://www.bhhs.com/blog/blog-detail/2026/5/how-to-stage-your-home-for-a-stunning-first-impression.html?utm_source=facebook&utm_medium=social_media&utm_campaign=soci&utm_date=May2026

Have questions? Don’t hesitate to reach out.

🖥️ https://www.bhhs.com/texas-realty-tx301/austin/brandon-dittmar/cid-3066406?utm_source=facebook&utm_medium=social_media&utm_campaign=soci&utm_date=May2026
📧 [email protected]

Knowing how much money you have in the bank is just the start to early retirement planning.

A Checklist for Retiring Early Retiring early is a great idea if you can afford it. Unfortunately, few people plan for retirement a...

Preparing your home for a summer sale involves more than just a fresh coat of paint. Learn how to prioritize the right repairs and renovations in this blog post to maximize your return.

Read it here: https://www.bhhs.com/blog/blog-detail/2026/5/what-should-i-fix-before-listing-my-house-this-summer-.html?utm_source=facebook&utm_medium=social_media&utm_campaign=soci&utm_date=May2026

Got questions? Feel free to reach out.

🖥️ https://www.bhhs.com/texas-realty-tx301/austin/brandon-dittmar/cid-3066406?utm_source=facebook&utm_medium=social_media&utm_campaign=soci&utm_date=May2026
📧 [email protected]

Honoring the brave individuals who gave everything in service to our country. We remember and we thank you.

As affordability remains tight nationwide, savvy buyers are turning toward regions that offer a unique blend of job growth and stable pricing. We explore the defining characteristics of today’s high-potential value markets in this blog post to help you identify the best areas for your lifestyle.

Read it here: https://www.bhhs.com/blog/blog-detail/2026/5/2026-value-markets--what-and-where-are-they-.html?utm_source=facebook&utm_medium=social_media&utm_campaign=soci&utm_date=May2026

Have specific questions? Get in touch anytime.

🖥️ https://www.bhhs.com/texas-realty-tx301/austin/brandon-dittmar/cid-3066406?utm_source=facebook&utm_medium=social_media&utm_campaign=soci&utm_date=May2026
📧 [email protected]

If wedding bells are in your future, it's time to sit down and open up with your soon-to-be spouse.

3 Conversations to Have Before You Say 'I Do' Getting ready to walk down the aisle? Congratulations! As you prep for your new life together, it

Understanding how small mortgage rate movements translate into real monthly dollars is a vital step for anyone entering the 2026 housing market. We explore essential tactics for staying prepared in a fluid financial landscape in this blog post to help you lock in the right strategy.

Read it here: https://www.bhhs.com/blog/blog-detail/2026/5/how-small-mortgage-rate-changes-affect-monthly-payments.html?utm_source=facebook&utm_medium=social_media&utm_campaign=soci&utm_date=May2026

Want more details? Feel free to reach out.

🖥️ https://www.bhhs.com/texas-realty-tx301/austin/brandon-dittmar/cid-3066406?utm_source=facebook&utm_medium=social_media&utm_campaign=soci&utm_date=May2026
📧 [email protected]

Qualifying Dependents – Did You Know?

In addition to your children and parents, a number of other individuals may qualify as your dependents for tax purposes. Important factors can include the person's income, how much support you provide, and how much of the year the person lives with you. In some limited cases, even a non-relative who lives with you year round as a member of your household may qualify as a dependent.