stephanie b asked:


I have decided against itemizing because I get a better deduction with the standard deduction So….If I have to file a schedule B rather than a schedule A for my mortgage interest how can I do that. Im using tax slayer will they just convert it to what it needs to be?

And the rebate checks, Do I have to do anything for that or just sit and wait?

Dillsburg Pa. Real Estate Real Estate

Yamster Berry’s Buddy asked:


Can I declare the interest I paid on the mortgage before I refinanced, as well as the interest on my first mortgage and my second mortgage?

Elk Grove Real Estate

lyricsborn808 asked:


I was legally separated in July, 2009 and my wife got the house. We made mortgage payments together up to our separation date (6 months). She made the mortgage payments for the remainder of the year. Can I claim half of the mortgage interest on my taxes?
I’m filing single.

Carboxytherapy

EveandK B asked:


I’m renting my house, which I pay the mortgage for. So I’m not sure how to deduct mortgage interest now. Any software I use there is a section for deducting your mortgage interest. But since I’m renting now I’m not sure if I should look at the mortgage interest as a job expense? Also since I’m renting now can I deduct the principal as well since I’m paying all that to keep my rental property?

Scarsdale Ny Real Estate

TM W asked:


So Far this year I have paid over fifteen thousand dollars in interest on my mortgage. Is there a certain percentage that is refunded when I do my taxes? Also, are closing costs refundable too?

Fair Trade Coffee

Andrew K asked:


I am filling out both H&R blocks and Turbo Tax’s online taxes and I noticed that the return amount didnt go up with either one when I add the amount of mortgage interest I paid this year. Why is that? Also, why is HR blocks return higher with the same exact information?

Chula Vista Ca Real Estate

SJS asked:


My mortgage company (CITIMORTGAGE) is not paying my tax bill. The money is in escrow, the error has been spotted and documented in a case number by customer service.

I paid the bill myself, because it is over six months late and I risked being put on the TAX SALE foreclosure list.

Should I be worried that they are going out of business? Or is this a computer glitch?

Super Foods

Doc Biz asked:


I have a rental unit on my property that is included with my mortgage. Can I claim that percentage of the mortgage as a deduction (based on square footage) or just the mortgage interest? (FYI: Yes I do have a tax professional but she is unavailable for a few days and I would just like to know for planning purposes). Thanks!!!

Vancouver Wa Real Estate

mexlin asked:


We are residents of Texas and the property in foreclosure is in Delaware. Second mortgage holder is threatening to file a 1099.

Vancouver Wa Real Estate

Alberto M asked:


The taxes in our area when up drastically. My friend asked me to review his tax bill and I noticed he did not have a Homestead or Mortgage exemption. He has a 30 year mortgage on the property and it is his only & primary residence. He’s had the mortgage for five years. Is there a way for him to recoupe some of those taxes because he didn’t have those exemptions. Is his mortgage company responsible?
What about the back money that is owed to him because the county was over charging because he did not have those exemptions for 5 years

Carboxytherapy, Stretch Marks Removal

Tuan asked:


mortgage tax is the same as property tax but mortgage tax is pay to the bank because you borrow the mortgage loan?

Thank you.

Thermage Before and After