Easy Recession Survival

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Entries for June, 2009

Why is home mortgage loan considered a tax benefit ?

I am planning to buy a home and wanted to know why everyone thinks that home mortgage loan is tax beneficial.
Example:-
If we are paying around ,000 a year in interest+property taxes and in tax refund( 15% tax bracket) we get back around K-3K and we are happy.
Its like paying government 0 and getting back [...]

Comments (9)

What are the new laws for filing bankruptcy?

I am drowning in debt. I have three kids and we rent a home now and are barely able to make the electric and water payments… we have a credit card and a car loan that are both threatening to sue me. I have nothing. There is nothing of value in my [...]

Comments (4)

What are the new laws for filing bankruptcy?

I am drowning in debt. I have three kids and we rent a home now and are barely able to make the electric and water payments… we have a credit card and a car loan that are both threatening to sue me. I have nothing. There is nothing of value in my [...]

Comments (4)

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