Is interest from mortgages from private lenders tax deductible?

Answer Mortgage interest is tax deductible as an itemized deduction whether you borrow from a public or private lender. The deduction is reported in the "Interest You Paid" section of schedule A.Source:IR... Read More »

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Is interest paid on a time share condo deductible as mortgage interest?

According to the IRS, mortgage interest from a timeshare condominium is considered qualified residence interest that is tax deductible as long as the owner uses the condominium as a second home for... Read More »

What to do if you have many loans from private money lenders?

you can talk to a bank to see if they will consolidate all your loans into one big one will a lower interest rate. there are also companies that specialize in consolidating loans

Are mortgages on second homes tax deductible?

Home mortgage interest, the interest you pay on a loan secured by your home, is tax deductible for second homes as well as for your main home. File Form 1040, itemizing deductions on Schedule A. Yo... Read More »

Any private lenders that offer student loans to people with bad credit?

You will be able to get a loan if you have a credit worthy co-signer.