Types Of Bankruptcy

Tenants-in-common hit snag with real estate tax break  Recent condo sale impedes one owner's eligibility DEAR BOB: I sold my condo and paid no capital gains tax because I owned and lived in it over 24 of the


A perfect boundary storm  House, gun range and fire district issues converge A couple wants to build a house, the county wants to build a shooting range, and a fire district wants to annex


U.S. Comptroller Says Exotic Mortgages Bring Payment Shock  "Comptroller of the Currency John Dugan said Thursday he has grown increasingly concerned by risks to both borrowers and lenders from relatively exotic negative-amortization and payment-option mortgages." There ...read more...


'Mortgage fraud ground zero' (USA Today)  To the untrained eye, the size, scope and sophistication of Las Vegas' alleged mortgage scheme is noteworthy. But to the FBI in Las Vegas, the problem is the opposite: In


In the mood for love  For some decorating die-hards, every holiday gets its due. In late January, out come the pink and red hearts and flowers; hit March and it's shamrocks all over the house.read


Tub and Tile Paint   WHAT IT IS: A water-resistant specialty paint that can adhere to porcelain and tile.read more...

June 29th, 2008

Self-employed can set mortgage costs against tax, says HMRC (Independent)

HM Revenue & Customs has started allowing self-employed workers to offset their mortgage interest and council tax against their annual income tax bill; an expense that accountants have historically believed to be off-limits.

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