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Mortgage Professor about rental property tax advantages: | |||||||||||||||||||||||
Pros and Cons: Mortgage Insurance Versus Higher Rate
December 6, 1999 "We have a 5 percent down payment and our lender has offered us a Tax Advantage Mortgage Insurance plan instead of conventional private mortgage insurance (PMI). Instead of paying a mortgage insurance ... more... Should I Take a Mortgage For the Tax Deduction? August 9, 1999 "My husband and I would like to find or build a home with a complete suite for my mother. Her CPA has told her she needs a mortgage to offset her income from my dad's retirement and her rental property. We also need a mortgage for our tax purposes. Is ... more... |
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rental property tax advantages related definitions |
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Tax Sale
Tax Sale Property on which current county taxes have not been paid is "sold to the state." At this stage no actual sale takes place - the title is transferred to the state and the owner may redeem it by paying taxes, penalties and costs. If it has not been redeemed ... more... Sheriff Sale Sheriff Sale The sheriff's sale is a public auction held at the courthouse door, and anyone can bid on the property. The property is sold to the highest bidder and the proceeds are used to pay for the costs of the sale and to pay off the mortgage. A deed given at the ... more... |
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More about rental property tax advantages Real Estate Tax Incentives Are You Tired of Tenants, Toilets, and Trash? Buying To Let Top Ten Tips Best Buy to Let Mortgage Calculators Negative Gearing Its Not to Your Benefit! The Most Important Number on Your Tax Return Will a 1031 Property Exchange Solve Your Problems? Rental Property Tax Deductions Estate Planning Overview, Part I Buying Outer Banks (OBX) Investment Property
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