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Are points paid for the mortgage deductible?
2007-10-22 20:17:00 In our previous article we looked at mortgage interest deductions. Now we go through the details of whether points paid are also deductible or not and if they are, would the full amount of points be deductible in the year they are paid. But let us first start by looking at what are points. Points generally ... More About: Mortgage , Paid , Mort
Capital Gains Tax Exemption
2007-10-15 19:55:00 If you are thinking about selling your house but are concerned about the capital gains tax you may have to pay on profit made from sale then there is some good news for you. You might not have to pay any tax on the profit made if certain conditions are fulfilled. In the following sections we ... More About: Personal Finance , Tax , Capital , Capital Gains , Capital Gains Tax
Mortgage Interest Deduction
2007-10-08 21:38:00 Many people ask me whether they would be able to deduct the mortgage interest they pay. In this article we look into what is considered as home mortgage interest and what conditions are to be fulfilled to avail the mortgage interest deductions. Mort gage interest is the interest a person pays on a loan secured by his ... More About: Personal Finance , Interest , Eres 1, 2 |
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