Oct
24
Howie asked:
I am US resident but I am planning to buy a home in another country because I travel overseas a lot. I am getting loan from either US bank or local bank out side of US. Can I deduct my mortgage interest on my US tax return?
WILBERT
I am US resident but I am planning to buy a home in another country because I travel overseas a lot. I am getting loan from either US bank or local bank out side of US. Can I deduct my mortgage interest on my US tax return?
WILBERT
Oct
10
what is my tax bracket? For morgage calculations it must drop to a lower bracket! Is there a calculator?
Filed Under United States | 1 Comment
kenzb asked:
I cannot find a calculator that takes salary, dependants, into the morgage calculation. They assume a tax braket that is constant! This is not right to assume, especially when big morgage payments are 1/3 to 1/2 of the net salary.
FREDRICK
I cannot find a calculator that takes salary, dependants, into the morgage calculation. They assume a tax braket that is constant! This is not right to assume, especially when big morgage payments are 1/3 to 1/2 of the net salary.
FREDRICK
Dec
8
can you claim a second home on your taxes if you have two mortgages on the first home?
Filed Under United States | 2 Comments
DWIGHT S asked:
first home has two mortgages,if you buy a second home can you claim it on you income tax?
DICK
first home has two mortgages,if you buy a second home can you claim it on you income tax?
DICK