this situation, how does the mortgage company offset the issue with property taxes?
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I’m hoping that my wife and I can buy a house or build one soon and people have recommended that we buy the land first. I see this scenario come up every now and then and I don’t know it.
Why would one buy land, pay it down and then place a house on later?
The best [...]
Someone is trying to tell me my mortgage interest is charged off the principal balance of that year and not what the balance is per month? Is this right?
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Assuming the credit rate is brilliant and falls under high income. Also the house price would be under 300k. If there are any mortgage lenders, could you suggest what is the current interest rate that you could estimate?
Thank you.
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Should I buy a car with a standard loan or with a home equity loan?
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I work in US, but my family is in Canada, and we bought house in Canada (no house in US). Wonder whether the mortgage interest paid in 2008 is tax deductible. Thanks.
Sorry, I forgot to mention the question is about the deduction in US income tax return.
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Is the mortgage interest monthly or yearly?
When is says 6.8% interest is that monthly or yearly?
Tags: mortgage interest, mortgage interest rate
I'm holding unimproved land properties for investment purposes and wonder if I could deduct the mortgage interest expenses while I don't make any income from them on Form 1040 Schedule A?
Can I accrue all the previous mortgage interest and expenses until I sell the land properties?
Tags: form 1040, interest expenses, investment purposes, land mortgage, mortgage [...]
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