Ty asked:


I have had A LOT of changes this yr, left jobs got new ones, moved out of state, full time in school still, bought a new vehicle on my own (no cosigner,) and looking to buy a house and refinance that auto loan, plus now Im an independent (I think-turning 24 on may 11th 2008)….. so do you think the box, the web, or the tax preparers are the best shot?
lots of job interview deductions, anything big I might be missing?

refinance online

evol asked:


I checked my online Banking in the morning, and it said I had more than enough money to cover my bills etc.. I wasn’t worried.. When I got home I double checked it to make sure, and it said I had $29.00…
It had a Garnishment fee for 100$ and another withdrawl for over 600$… I called the bank.. they didn’t tell me much except it was linked to Minneapolis Minnesota Collections Revenue.. About a month ago I got a letter saying MN revenue took my federal return to pay part of my student loan.. I was okay with that.. I received my state loan, and have payments set up to automatically come out of my checking FOR my student loan.. I finally got through to someone @ MN revenue and she said they sent out a letter a year ago (I asked what the address was and she said one that I haven’t been living at in over 2-3 years) I never got the letter… And since they heard no reply They thought i was ignoring it… My account is now going negative as all my checks are trying to clear.. rent.. car loan insurance.. everything. What can I do??? I need that money they took w/o prior notice.

online home loan

lhrf1 asked:


Couple owns home as JTROS and will file seperately - both fed and State.

home mortgage

mandy asked:


Can I write off the mortgage interest and the property taxes paid for my second property which is a rental property for tax benifits.
Both the properties are located in california.
I also own an investment property outside california. Can I also write off the interest payment for that property.

home mortgage

Ryan B asked:


heres the story, My step dad is a complete A_ _ all he pays for in the house is the oil doesn’t help my mom with any of the bills. I am 20 my brother is 22. I live at home and I am a full time student. My brother is a full time student, graduating this semester, and has been living away from home for 2 years near his college in his own apartment (not a campus apartment). I also own a online business. I had my tax guy file my taxes and the paper work was submitted. my Step dad asked if he can claim me I said no. He took my tax folder to his tax guy to see if he can and his tax guy wants to amend my taxes, which I didn’t even approve of! I won’t be getting alot of money back for my income tax, but I never can get approved for Financial aid because of my step dads income, if he didn’t claim me would I be able to get financial aid for college? Can he claim my brother that hasn’t been living at home for 2 years?I said you can claim me give me $500 he said no, he took my brothers loan paper that he received for taxes (my brother didn’t work all year) and he said that he can get more money back with that, and i said then you’ll give my brother that money and is said no. Can he do this, I called his tax guy and told him I am having a meeting tomarrow with him and I want all my documents back or i am calling the irs. some info will help

online home loan

Uncle Pennybags asked:


When I bought my home I took advantage of a first time homebuyer’s program. Part of the deal was a silent (no payments to be made until end of loan) 2nd mortgage for $25,000 at 5%. Another silent 3rd mortgage of $10,500 at 3% was part of the deal.

So here’s my question. I’ve been paying the accumulated interest every year on the 5% silent mortgage, because I get an immediate tax deduction, and it’s essentially the same as investing that money at 5% with no tax due later.

But what about the 3% loan? Is it financially a wise decision to pay the interest down on that one too? Yes, I get an immediate tax deduction, but from then on it’s like investing at 3%, which I can do much better then even in an online savings account
I realize that I am actually paying interest. However it is an investment over the long run, after I sell my home. I will save owing 5% on the balance I’ve paid, and that equity will be there tax free when the home is sold.

online home loan