I purchased 20 acres in northern Idaho and am carrying an 8yr interest-only loan at $670/month. I am planning to retire early (age 55) in 8yrs and plan to use this land to build my retirement home. In the meantime, I want to use it as a second home by permanently leaving my travel trailer on the property. Once I do this, can I deduct the interest of the trailer PLUS the interest on the land loan?
Archive for October, 2009
Can I Deduct Land Loan Interest If I Place A Trailer On The Property?
October 31st, 2009How To Get A Loan Without A Cosigner, Credit History, And Not A Student?
October 31st, 2009I wanting to purchase an item for $1800. I cant get approved for a credit card. So im looking towards getting a loan. Ive talked to my bank(wachovia) and they require a cosigner for all loans. I dont have credit history, and i am not a student.
What Are The Qualifications To Get A Studen Loan And How Do I Get One?
October 31st, 2009I need a student load because I am planning to study abroad, but I won’t be able to pay it off until I come back to the States. Can I get a student loan without making payments on it until I finish my schooling?
Have The Standards For Securing A Commercial Loan Changed As The Home Mortgage Loans?
October 30th, 2009Is it going to be more difficult to secure a 800K Commercial Building loan than say 6 months ago? I will be in the market for that kind of loan in the next week or two and haven’t a feel for the market right now.
What Happens After You Consolidate A Federal Student Loan?
October 30th, 2009When you include a Federal student loan into debt consolidation?
