Posts Tagged ‘irs

Can I get a mortgage (probably FHA) while paying the IRS?

Friday, February 5th, 2010

I had a few years where I failed to file correctly, and thusly owed the IRS quite a bit of money. There was a tax lien filed for part of the years. But, the tax lien is paid off. I still owe for some other years, but have an Installment Agreement that I am paying regularly. 1. Will this affect me being able to secure a mortgage? 2. Do I have to claim it as debt?/Is there anyway for the lender to find out if I don’t tell them?

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Married Filing Separately And The Mortgage Interest Deduction …

Friday, December 18th, 2009

If a married couple is filing separately, can they split up the mortgage interest deduction anyway they want? ie, can they choose any split they want

Continued here: 
Married Filing Separately And The Mortgage Interest Deduction …

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Are Settlement Costs From A Reverse Mortgage Deductible On My …

Friday, December 18th, 2009

Mortgage interest is deductible in the year paid. That being said, it’s vital to note that the IRS considers points to be amortized over the life of the.

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Are Settlement Costs From A Reverse Mortgage Deductible On My …

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The Need For Speed When Flipping Real Estate – The Faster You Get …

Thursday, December 17th, 2009

Get home foreclosure listings and find foreclosed homes at huge discounts. Learn where to go to find local bank foreclosures , HUD homes, VA homes, IRS repos and more in your area Click Here! More in Investment Tags: foreclosed homes …

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The Need For Speed When Flipping Real Estate – The Quicker You Get …

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1st Time Home Buyer's Documentation | Intuit Community

Tuesday, December 15th, 2009

The IRS does not need the expenses and other items included on the HUD statements. They need – the buy price of the house , to determine that the price was within limits (under $800K)

Excerpt from: 
1st Time Home Buyer's Documentation | Intuit Community

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