Benjamin Franklin said, there’s only two certainties – death and taxes. And, we all start thinking about taxes at the beginning of the year. Some of us are 
wondering how much we will owe, but others are wondering how large their refund will be this year. If you are in the latter camp, expecting a refund, here’s some real estate moves you may wish to consider with your tax refund.
Reduce Debt
Some of you may be working toward a debt-free lifestyle, while others may just be working to reduce debt. Paying off high interest car loans, credit cards, and payday loans will leave more disposable income at the end of each pay period. Homeowners may want use some of the refund to reduce the principal on their mortgage. For some, doing that might recover from a property that you were still underwater.
Home Improvements
Whether you’re planning to continuing living in your home or hoping to sell fast, you may still benefit from home improvements. Every project you complete can increase your home’s appeal. Just make sure that the improvements you undertake will look great, but also deliver maximum returns to your home’s value.
Change Accountants
This may sound illogical, especially if you received a refund. If you suspect you could have gotten a larger refund, it may be time to interview accountants to find one who better understands your business and your goals. And, a new account may be able to help you use your refund to produce more tax deductions next year.
Fund Your Retirement Account
If you don’t have an IRA, now is the perfect time to get one. You should contribute the maximum amount that’s deductible by law – a good accountant will help with this. Plus setting up your IRA to be self-directed allows you to invest your money for higher returns.
Invest in Real Estate
With just a few thousand dollars, you can invest in real estate, which is so much better than just spending it! Flip a house, buy a rental home, or use it as a down payment on a home. You can even use to build your dream home or to partner with someone else on a joint real estate venture.
These are just a few ways to diversify … rather than having all your eggs in one basket!