Posts covering Tax Law For Mortgages

13Dec2013

Mortgage Strategies : Boost Your 2013 Mortgage Interest Tax Deduction

Mortgage Strategies : Boost Your 2013 Mortgage Interest Tax Deduction Thumbnail

Maximize your 2013 mortgage interest tax deduction using this one, simple trick.

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02Apr2013

Mortgage Insurance Tax-Deductible For 2012 And 2013

Mortgage Insurance Tax-Deductible For 2012 And 2013 Thumbnail

New laws have made mortgage insurance is tax-deductible for 2013. The change is retro-active for 2012 tax returns, too.

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25Apr2011

5 Days Left : $8,000 “Free” Via The Federal Homebuyer Tax Credit Program (Military Edition)

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For certain members of the government and military, the clock is ticking on the 2010 federal home buyer tax program. You must be under mutual contract for a home on or before April 30, 2011 to meet program deadlines, and claim up to $8,000 in credits.

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18Jun2010

The Home Buyer Tax Credit Has NOT Been Extended — A Civics Lesson As Taught By Schoolhouse Rock

The Home Buyer Tax Credit Has NOT Been Extended — A Civics Lesson As Taught By Schoolhouse Rock Thumbnail

Despite what you're hearing, the federal home buyer tax credit has not been extended beyond its June 30, 2010 deadline to September 2010. At least not yet.

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24Aug2009

Forget November 30, 2009 — Make November 16, 2009 Your Personal First-Time Home Buyer Tax Credit Deadline

The $8,000 First-Time Home Buyer Tax Credit expires November 30, 2009. In order to claim the tax credit, the IRS requires that you've closed on or before that date. December 1, 2009 is too late. But that doesn't mean that first-time home buyers should target November 30, 2009 as a closing date. In fact, there may not be a worse day in 2009 on which to try to close on a home. The optimal time is during the week of November 16, 2009 and the earlier in the week, the better.

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