Blog Archives

The 5 Most Common Itemized Deductions

Mortgage Interest—Many taxpayers can deduct their mortgage interest on their residence.  However, there is a limitation on this.  The interest on a primary residence can only be deducted on up to $1,000,000 mortgage and $100,000 line of credit.  Points paid


Tagged with: , , , , , , , , , , , , , , , , , , ,

The Last Mortgage Refinance

What direction do you think interest rates are headed in? Homeowners have ridden the variable interest rate mortgage ride for all it’s worth. The prime rate hit 20% in 1980.  Since then interest rates have been in a long and


Tagged with: , , , , , , , , , , , , , , , , , ,