Legacy Tax & Resolution Services

Category: Looking to Invest

What Are the Tax Advantages of Home Ownership?

Article Highlights: Historically Low Interest Rates  Purchase Costs  Points  Mortgage Payments  Refinancing  Property Taxes  Inflation  Gain Exclusion  Renting Versus Owning  Worksheet to Analyze Costs  Housing

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Tax Rules for Home Flippers

Article Highlights: Definition of Flipping  Government Will Share in the Profits  Tax Treatment Depends on Being a Dealer, Investor or Homeowner  Distinguishing a Dealer from

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Tax Treatment of Reverse Mortgages

Article Highlights: Reverse Mortgages  Reverse Mortgage Terms  Who Deducts the Interest?  When Is the Interest Deductible?  Home Equity Loan and Reverse Mortgage Issues Compared  With

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