If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!First time homebuyers represent a significant portion of single-family home sales. The American Recovery and Reinvestment Act of 2009 is intended to increase the impact of first-time homebuyers on both the real estate and home loan industries by making [...]
Did you know your mortgage insurance may be deductible? Under certain conditions, the Internal Revenue Service (IRS) reports that homeowners may deduct their mortgage insurance premiums when filing their federal tax returns.
Generally, mortgage insurance premiums paid to a government agency or program as well as private mortgage insurance (PMI) premiums connected to the purchase of [...]
The Internal Revenue Service (IRS) does not have a reputation for being a good guy. In the current crisis, however, the IRS has been one of the few government agencies taking action that actually helps the individual taxpayer. They have provided guidance on the Mortgage Debt Forgiveness Act and expedited the process for removing or [...]
by Constantine von HoffmanNovember 18, 2008
Economy
A guest post from Constantine von Hoffman, veteran business journalist and author of the blog CollateralDamage.biz, a humorous look at marketing, business and his dog.
In a time of economic crisis, where every moment brings more bad/alarming news, what does it mean that the government is essentially in a holding pattern for the next two months?
Many [...]
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