Search for: "AMERICAN HOME MORTGAGE"
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9 Nov 2017, 3:41 pm
(And although the contours of such rules are hard to predict, an endowment tax will almost inevitably lead to anti-circumvention rules that will require outside entities to show that they are actually independent of the university endowment, rather than independent in name only, if they want to avoid the tax.)There is a parallel here to what has happened to American political parties and campaigns in recent decades, as Heather Gerken and I have described elsewhere. [read post]
9 Nov 2017, 10:08 am
The Bill reduces the mortgage interest deduction. [read post]
6 Nov 2017, 3:56 pm
If you buy a new home starting in 2018, your mortgage interest deduction will be limited to the interest on a loan of up to $500,000Impact on you. [read post]
6 Nov 2017, 9:18 am
Congress would do well to abolish the home mortgage interest deduction completely. [read post]
6 Nov 2017, 4:16 am
Desmond later wrote an article for the New York Times Magazine in which he criticized the home mortgage deduction as regressive, calling it "the engine of American inequality," so he might not be sorry to see it severely capped. [read post]
2 Nov 2017, 8:07 am
Current mortgages would be grandfathered – meaning they won’t be affected – but mortgages for new homes would be capped at $500,000 for purposes of the deduction. [read post]
30 Oct 2017, 9:30 pm
If a borrower misses a series of mortgage payments, the lender has the right to initiate foreclosure by repossessing the home and evicting the homeowner. [read post]
23 Oct 2017, 8:48 am
In transactions not involving consumer credit, arbitration clauses continue to be a burden upon ordinary Americans. [read post]
19 Oct 2017, 7:32 am
If you’re married, you probably own your home in a joint tenancy. [read post]
10 Oct 2017, 12:30 pm
The Act provides that any goods shipped from one American port to another must be on American-made-and-operated ships. [read post]
10 Oct 2017, 3:09 am
The way a home or a business is titled varies depending on the circumstances of the purchase. [read post]
9 Oct 2017, 1:10 pm
Under the proposal, homes built in floodplains after 2020 would not be eligible for NFIP insurance. [read post]
6 Oct 2017, 10:20 am
Eliminates itemized deductions except charitable contributions and home mortgage interest. [read post]
6 Oct 2017, 10:20 am
Eliminates itemized deductions except charitable contributions and home mortgage interest. [read post]
6 Oct 2017, 10:20 am
Eliminates itemized deductions except charitable contributions and home mortgage interest. [read post]
4 Oct 2017, 8:47 am
Those who qualify will be matched with a pro bono attorney who has volunteered to provide free legal help such as: Securing FEMA and other benefits Making life, medical and property insurance claims Dealing with home repair contractors Replacing wills and other important legal documents destroyed in the hurricane Helping with consumer protection matters, remedies and procedures Counseling on mortgage-foreclosure problems or landlord/tenant issues The hours of the hotline are Monday… [read post]
28 Sep 2017, 4:22 pm
They plan to eliminate the estate tax--a tax that ONLY applies a low 35% rate to individuals who leave estates worth more than 5.5 million dollars or couples that leave estates more than 11 million dollars, and even then is often the only tax that the assets in those estates have ever been subject to, since these wealthy Americans are the ones most able to take advantages of various trusts and other loopholes and borrowing to ensure that they live as tax-free as possible off their… [read post]
20 Sep 2017, 3:00 am
Mortgage/Debt REITs. [read post]
13 Sep 2017, 4:52 am
” I’ll go along with provisions that make wealthy Americans pay more since I’ll never travel in that crowd, but we have to keep the loophole that allows me to deduct my home office expense and the one that allows my friend to allocate some of his son’s college scholarship to taxable scholarship income so as to increase his American Opportunity Credit (wow, there’s an obscure little maneuver). [read post]
11 Sep 2017, 6:49 pm
Your itemized deductions include real estate taxes paid, home mortgage interest, medical and dental expenses, theft and casualty losses, job-related expenses, miscellaneous expenses, and yes, charitable donations. [read post]
