That's why lots of vacation homeowners hold down leisure use and spend lots of time "maintaining" the property. Fix-up days don't count as personal use. The tax savings from the loss helps pay for the vacation home. Unfortunately, holding down personal use means you have to forfeit...
according toLisa Greene-Lewis, certified public accountant. “Points will also be reported on Form 1098 from your lender or yoursettlement statementat the end of the year,” she says, adding that the rules forhow you deduct pointsare different for a first purchase or a refinancing. ...
How to use your home equity to eliminate PMI If you made a less-than-standard down payment when you bought your home, there’s a special reason to keep an eye on your equity stake. It’s key to helping youget rid of private mortgage insurance (PMI) premiums. On most conventional loans...
Homeowners in the U.S. who install solar panels can expect to save an average of $25,800 over the estimated 25-year lifetime of a solar system after recovering the upfront cost in around 8.5 years. How Much Do Solar Panels Save?