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Some homeowners might consider re-financing with a home equity line of credit as opposed to a traditional loan. Common uses of a home equity line of credit include the following: * Home renovations or improvement projects * Opening a small business * Taking a dream vacation * Pursuing higher educational goals * Opening a small business In a couple of cases the interest paid on a home equity line of credit could be considered tax deductible. 0 comment :: Post a comment Selected NewsLessons Learned: Home underinsured/Harvesting in a bear market (Lincoln Journal Star)Lessons Learned/March 22/Home underinsured Here are a few new guidelines Never be ashamed to admit you were wrong. Youre only saying that youre wiser today than you were yesterday. Read more Check data to cut property tax (The Myrtle Beach Sun News)1/83/8 NEW YORK With home prices retreating, youd think property taxes would, too. But dont count on it by the time you see lower taxable values, your local government may be in enough of a squeeze to raise the rates that apply to those taxable values. While you may not be able to control local tax policy, you can at least do something to see whether your propertytax assessment is ... Read more Values down, but not taxes (Gaylord Herald Times)GAYLORD While Northern Michigan is experiencing a drop in home values in some areas, local assessors warn property owners that even if the value is dropping, they probably wont be seeing any change in their tax bills anytime soon. Read more High roller of home loans (Orange County Register)Over five years, Quick Loan Funding wrote $3.8 billion in mortgages to people with shaky credit. Read more Some homeowners might consider re-financing with a home equity line of credit as opposed to a traditional loan. Common uses of a home equity line of credit include the following: * Home renovations or improvement projects * Opening a small business * Taking a dream vacation * Pursuing higher educational goals * Opening a small business In a couple of cases the interest paid on a home equity line of credit could be considered tax deductible. Blogs about Home Equity Tax
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