The Number of Americans Who Didn’t Pay Their Mortgage Hit 5% in December 2020
A potential mortgage crisis is looming, with 5% of all renters and mortgage holders unable to make their payments in December. Here’s where things stand.
Home And Mortgage
Video: Tax Advantages of Home Ownership
Planning to buy your first home, upgrade from your existing one, or refinance your mortgage? Discover some tax advantages and drawbacks of homeownership.
VIDEO: Unable to Keep Up with Your Home Mortgage Payments?
When you are in danger of having your home repossessed, the action you choose to make may have an impact on your taxes. Watch this video to learn more.
If You Are Facing Foreclosure, Here Are Tax Issues You Will Confront
As part of the CARES Act, Congress provided temporary relief for homeowners with federally backed mortgages who were financially impacted by COVID-19. For those
Are You Paying Too Much Interest on Your Home Mortgage?
Interest rates are currently at an all-time low, and it may be time for you to consider refinancing your existing home mortgage to take advantage of these lower
Mortgage Insurance Premium Deduction Retroactively Extended
For tax years 2007 through 2017, when taxpayers itemized deductions, they could deduct the cost of premiums for mortgage insurance on a qualified personal resid
Did You Pay Tax on Home Mortgage Debt Relief in 2018? You May Be Entitled to a Refund
Whenever a taxpayer’s debt is forgiven, whether it is credit card debt, home mortgage debt, an auto loan, or other debt, that forgiven debt – referr
Tax Central
Congress Passes Last-Minute Tax Changes
Congress, at almost the last minute, has passed a large number of tax changes, including retirement plan issues that will become effective in 2020, as well as e
Life Events
Deducting the Costs of Modifications for Senior-Proofing a Home
While Americans may argue about any number of hot-button political topics, there’s no disagreement on one issue: the country’s population is aging&h
Tax Central
Tax Reform Has Substantially Altered the Tax Benefits of Home Ownership
As part of the recent tax reform, the Tax Cuts and Jobs Act of 2017, the deduction for home mortgage interest and property taxes has undergone substantial alter