Apr 1, 2012 | Banking and Finance
You just bought a house and paid one “point” on your home loan. A point, which is the interest lenders charge up front, is 1% of the mortgage loan amount. If you itemize your income-tax deductions, points are deductible. First Time Around Points paid for a mortgage on...
Oct 15, 2011 | Banking and Finance
Using the equity you have in your home to secure a loan may be a tax-wise method of financing or refinancing some of your personal and business expenditures. Here are a few home equity-borrowing techniques that may save you tax dollars. Financing Personal...
