Archive for July 17th, 2010

What is a Fixed Rate Mortgage?

Saturday, July 17th, 2010
ExpertRealEstateTips asked:


What is a fixed rate mortgage loan? A fixed rate mortgage means the borrower has the same monthly payments on the mortgage every month. Fixed rate mortgages are repaid within a specific time frame (10, 15, 20 or 30 years). Watch this Expert Real Estate Tips segment for all you need to know about fixed rate mortgages.

Outdoor Fireplace Kits

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Can landlords deduct mortgage payments or just the mortgage interest?

Saturday, July 17th, 2010
Doc Biz asked:


I have a rental unit on my property that is included with my mortgage. Can I claim that percentage of the mortgage as a deduction (based on square footage) or just the mortgage interest? (FYI: Yes I do have a tax professional but she is unavailable for a few days and I would just like to know for planning purposes). Thanks!!!

Adult Cpr Instructions
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