Is Mortgage Interest Tax Deductible?

Everything You Need to Be Considering For homeowners, a mortgage is an unfortunate fact of life. Whether you got a great deal on a property or not, the debt you take on still negatively impacts your financial situation. However, there are some upsides to shouldering a mortgage – primarily when it comes to your taxes. In some cases, any interest that you pay on your mortgage is tax deductible if you correctly itemize it on a tax return. Of course, this isn’t true for every situation, and ...

Germany is the third largest importer and exporter in the world. It 2016, the value of its imports and exports stood at $1.05 trillion and $1.32 trillion, respectively. The country’s top export destinations include the U.S, France, the UK, the Netherlands, and China. Its top import origins include the Netherlands, France, Belgium, China, and Italy. Needless to say, considerable money flows in and out of the country for business purposes regularly. Give the significant volume of internati...

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I look forward to compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. The numbers... There are two ways I can look at these numbers and both are true, but they paint different pictures. #1 My net worth has grown by over $100,000 in the last three months. #2 My net worth has only...

What are Hard Money Lenders? Hard money lenders are basically private individuals or companies who lend capital in order to finance real estate transactions for business purpose (i.e., flipping houses or buying rental property). Hard money lenders fill the void that banks and traditional lenders refuse to do, by loaning on distressed properties and providing the funds necessary to rehab/renovate a property. Hard money lenders offer programs with rates, terms, and fees that are generally ...

Most young people tend to be easy going especially when it comes to money. They buy things left and right as long as they have cash with them. And worst case scenario is that they even spend money that they do not actually have just to satisfy their wants sometimes more than their needs. This is commonly in the form of credit card debts and loans. This is only fun in the beginning but when it’s time to pay the bills and the debts piled up, that’s the time you will realize that you should’ve...

Today, countless Americans launch their own business each year, driven by the rise of the internet, and a growing number of new company opportunities. According to the Small Business Administration (SBA), the number of companies available to invest in grows every year. There are still plenty of opportunities out there to discover your own personal brand of success. However, before you can change the world with your product or service, you need to find a way that you can finance its init...

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I look forward to compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. The numbers... We passed the high mark of $832,628 that we set last September before the market dropped at the end of the year. It didn't take long to get that money back as the year has started off with two strong mon...

If you’re a federal student loan borrower, one of the main perks is student loan forgiveness. Under certain programs like the Public Service Loan Forgiveness program (PSLF) and income-driven repayment, student loan borrowers can get their loans forgiven in full after a certain amount of time. But late last year, the first round of eligible PSLF borrowers were hit with a harsh reality — only one percent of borrowers were approved for PSLF forgiveness. Despite this grim reality now, you s...

Are you in the market for a new home? A house and land packages are a convenient and affordable way of making your dreams come true. Buy House and Land packages in some of the most sought-after communities across Australia. House and land packages have been available for a long time but it might be a little unclear of what you are getting for your money. Visit Communities.Lendlease.com to find out more What is a house and land package? A house and land package will...

There are all sorts of investments available at any stage for anyone who wants to get started in making their money work for them or are looking for future financial security. With all the options out there, property investment is still a leading choice. In this article, we’ll tell you 10 reasons why investing in property and buying house and land is a good idea. 1. It’s as safe as houses Based on the research of AMP, Australian property has increased the property rate comparable to t...

Is Mortgage Interest Tax Deductible?

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