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Does that sound a bit confusing? Stated in that simple form, it is. The reality is that it is an indication that our economy is healing. The High is the number of homes in the process of foreclosure, while the … Continue reading
Monthly Archives: February 2011
Negative Press aside, ARMs can be a great benefit to the economy. While they received their fair share of criticism and blame in the recent market collapse, they are not a negative thing in themselves. They are a tool. Like … Continue reading
Interest rates have inched up to over 5%. That’s higher than they have been since May 2010, nearly one year ago. For the week ending 11 Feb the average was 5.05% with the 0.8 average buy-down rate included. Loans not … Continue reading
#1 Deducting porperty taxes for the wrong year Often, your tax bill will not be dated from January to January the next year. To the IRS, this is irrelevant. Enter the amount of money you actually paid during the current … Continue reading
Like so many things tax related, form 5695 may seem overly complicated to many. We have located some helpful information and sources for those doing it themselves. Even if your accountant does your taxes, you have to know what they … Continue reading
Tax Benefits Just about everyone has heard that there are tax benefits to owning your own home. Just what are these benefits? Do they apply to everyone? One of the major tax advantages of owning is the ability to write … Continue reading