October 30th, 2009
With the current $8000 first time home buyer tax credit expiring, many who weren't ready to buy a home before are wondering if they'll be able to take advantage of a new version. Trying to predict what may come out of Congress is like winning the lottery, but there's enough talk in those halls to [...]
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October 28th, 2009
With much of the non-government backed lending off the table for a while, the FHA has been steadily increasing its mortgage business. A great deal of this growth has undoubtedly been related to the tax credit, as indicated in a recent story about a 20 year old home buyer who got into a home with [...]
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October 27th, 2009
With foreclosures at an all-time high, many caused by homeowners walking away from underwater mortgages, it's important to note that owning a home in this country has really been a good investment for the long haul.
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October 23rd, 2009
UEBE are Un-reimbursed Employee Business Expenses. Many times these expenses are deductible on your Federal income tax return, but get a tax expert's advice on them.
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October 21st, 2009
The GAO (Government Accountability Office) has issued a critical report of how the IRS handles enforcement of the mortgage interest deduction rules. The GAO says that the rules are more complicated than many people understand, and that the IRS doesn't do a good job of enforcing them. The good news for the government coffers is [...]
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