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18Jul2017

Thinking about Converting Your Home Into a Rental?

    Article Highlights: Home Sale Gain Exclusion Home Sale Loss Rule Mortgage Interest Deductions When individuals buy new homes, they often consider turning their old homes into rentals rather than selling them. All too often, that decision is made without considering the tax implications. Converting a former residence into a rental may also happen
  • 18 Jul, 2017
  • Jacqueline Cran
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06Jul2017

Borrowing Money to Finance an Education?

Article Highlights: Home Equity Loan Home Equity Interest Deduction Alternative Minimum Tax Above-the-line Interest Deduction Qualified Expenses If you are considering borrowing funds to finance your education or the education of your spouse or children, you may wish to take advantage of the available tax benefits. If you itemize your deductions and have sufficient equity
  • 6 Jul, 2017
  • Jacqueline Cran
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