Posts Tagged ‘interest’
Tax Breaks Can Lift Homeownership
Question: In recent articles about the current annual $1 trillion deficit of the federal government, one of the ways discussed to reduce this annual deficit is to eliminate or limit the mortgage-interest deduction for homes. This deduction costs up to $100 billion per year. Why is there a mortgage-interest deduction for homes when there is…
Read MoreEvidence Backs Sister on Verbal Agreement
Question: Three years ago, I moved from Chicago to Arizona to take care of my mother. My sister encouraged me to come to Arizona to help her with the care of my mother and, because I did not have good credit, my sister paid $25,000 down on a house and she qualified for the 15-year…
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