Real estate blog entries tagged with florida mortgage broker liquidity by Robert Ashby Photography

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Home : Blogs : Robert D. Ashby : Florida's #1 Mortgage Planner - Managing Equity and Debt Strategically™ : Tag "florida mortgage broker liquidity"

florida mortgage broker liquidity: Mortgage Interest Tax Deductability - Revisited - 10/30/06 08:23 AM

Many of you have read my post on the deductibility of mortgage (Mortgage Interest Tax Deductability - What Are The Limitations?). Here is what you may not know that I didn't cover and why you may want to start reviewing what changes you may need to make.
First off, the IRS has not been chasing people regarding the limitations on deductibility of mortgage interest, but if you remember, I warned you about common practice, even amoung CPAs and tax advisors saying all mortgage interest (up to the first $1M dollars plus $100,000 home equity anyways) was tax deductible. This is incorrect as … (6 comments)

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Robert D. Ashby

Miramar, FL

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Florida Mortgage Specialist provides "thought provoking" topics and strategies for proper mortgage planning. MEDS™ is a unique mortgage process that properly integrates your mortgage into your financial plan.

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