Tax-Free Weekend is here! Make sure to mark your calendars for August 8th-10th. If you are new to
Texas and are not sure what we are talking about well let me explain. This is the one weekend when you can go out and save roughly $8 on every hundred dollars you spend when buying clothing, footwear, and school supplies. Too good to be true is what we Texans like to think.

As with every purchase there is always a "Fine Print". MHN took the liberty of doing some research to let you know the details. Some general guidelines to have knowledge of is the $100 or less rule. $100 or less means all items under $100 are not taxed as long as they fall in the three categories listed above. For example, a pair of pants for $80 and a t-shirt for $60 totaled, would come out to $140. These two items were both under $100 cannot be taxed but if you were to purchase a pair of pants for $110 the whole amount would be taxed. Make Sense? Layaway plans qualify for tax exemption if you the customer puts the item on layaway this weekend or if you make your final payment during the holiday. Rain checks also qualify for tax exemption but must be purchased this holiday weekend.

Shopping Tips

• Make a list - Gather all the items you will be needing to prepare for the upcoming year and separate them based on stores. (Bring your coupons!)
• Research - Make sure you know where is having the best prices to save that much more money on the tax-free weekend.
• Shop Online - If possible go ahead and shop online to avoid the lines and hassle with crowds while being productive.

Saving money can lead to your Down Payment and MHN Realtors can help find you that Dream Home!

Follow these links for great deals:
Apple's Back to School Sale - http://www.offers.com/apple/back-to-school-e/
JcPenney's Back to School Sale - http://www.offers.com/jcpenney/back-to-school-e/
Best Buy's Back to School Sale - http://www.offers.com/bestbuy/back-to-school-e/