Mortgage Loans from Relatives
Posted by Jennie Temple on Feb 20, 2017 in Blog | 0 comments
Occasionally, when dealing with close relatives who might also become heirs, signing a note and handling the paperwork properly may seem like a needless effort but it could mean the difference in being able to take a legitimate interest deduction. Home mortgage interest is deductible only if the loan is a secured debt...
Rent of Buy – You Pay for the House You Occupy
Posted by Jennie Temple on Jan 23, 2017 in Blog | 0 comments
Rent or Buy – You Pay for the House You Occupy The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that support this notion. Mortgages, whether held by an owner-occupant or an investor, are usually...
