Types Of Bankruptcy

Exterior lighting going for the glow  When remodeling their home, Jan and Jim Loomis sought out the unusual. Everything from the accent pieces and pillows to the fixtures and furniture was carefully selected to harmonize with


Recycled furnishings can refurbish the home   Recycled furnishings can refurbish the home Gannett News Service Repurposing for your home can mean anything from thinking of a new way to use a piece of furniture to turning


Heirlooms to herald your heritage  "You can't help but look in the cabinet when you walk by" Sue Doerfler The Arizona Republic Jun. 23, 2007 12:00 AM Of all the antiques that fill Chris


Home, home to rearrange  Tina Romasanta loves shopping for offbeat, eclectic home furnishings. But arranging them in a way that says "showroom," not "storeroom," has never been her strength.Commentread more...


EAST BAY BIZ BUZZ: Wells Fargo opens mortgage center in Concord (Contra Costa Times)  Wells Fargo has opened a new 14,312-square-foot facility in Concord, where it will process mortgage loans originated throughout the Bay Area. The San Francisco-based bank will employ 60 employees, many


Saving for a child requires balance  Prioritizing savings goals can be challenging at any life stage. For those with young kids, the calculations become uniquely complicated.Commentread more...

October 11th, 2007

Calculating deferred mortgage interest deduction (Bankrate.com)

Is deferred interest deductible? Dear Tax Talk: I have a $1.5 million mortgage that I used to buy my home in January 2005. It is negative interest and I paid about $45,000 interest in 2005 and deferred another $45,000. In late 2006 I sold the home and paid the $45,000 deferred and around $95,000 in current interest for a total of $140,000. I know I can deduct the interest on up to $1.1 million …

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