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When can I deduct the points I paid when I took out my mortgage?
When you buy a house, you often have to pay points to the lender, in order to get your mortgage. Each point equals 1% of the loan balance. Points can usually be deducted, because they are considered a...
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With interest rates hitting 40-year lows recently, mortgage refinancing is more popular than ever. For most people, the tax consequences of refinancing are straightforward; you get to deduct the interest you pay on the new loan, just as you did with the loan which was...
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If you made money selling your house, you'll be pleased to know that you can exclude some or all of that capital gain from your income, when filling out your tax return. That little exclusion can save you a lot of money in taxes. (If you sold for a loss, though, you cannot...
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In early November 2003 Congress passed a military tax relief bill which enhances the home-sale gain exclusion rules for members of the U.S. Armed Forces and the Foreign Service.
Generally, you may exclude part or all of the gain from the sale of your main home, as long as...
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Now that stocks look shaky, should I consider investing in municipal bonds? What benefit do I get because they are tax exempt?
If you've been burned by stocks, you may be wondering about investing in bonds, hoping to get a steady, predictable flow of income. But what about...
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If you're one of those lucky employees who is enjoying stock options that your employer has awarded you, or if you just pocketed a pile of dividends on your investments, you may need to pay estimated taxes on your profits. Why? Two words: underpayment penalties.
If you make...
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Check Free Online Encyclopedia for information about non homeowner loan.
Go to: thefreedictionary.com
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The trials and tribulations of web cam relationship. Free on Crackle.
Go to: crackle.com
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