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2. Mortgage interest deduction: What it is and what qualifies - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   The mortgage interest deduction is a tax incentive for people who own homes as it allows them to write off some of the interest charged by their home loan. The deduction allows you to reduce your ...

3. Mortgage Interest Deduction: Limits and How It Works - AOL

   www.aol.com/mortgage-interest-deduction-limits...

   To understand how it works, take a look at this mortgage interest deduction example: If you purchase a $400,000 home with a 20% down payment and take out a 30-year, fixed-rate loan with a 7% ...

4. The mortgage interest deduction could save you thousands on ...

   www.aol.com/finance/mortgage-interest-deduction...

   The home mortgage interest deduction can help some filers maximize their tax refund. But it’s less useful now than in years past—here’s what you need to know. The mortgage interest deduction ...

5. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   Canadian federal income tax does not allow a deduction from taxable income for interest on loans secured by the taxpayer's personal residence, but landlords who own rental residential or commercial property may deduct mortgage interest as a reasonable business expense; the difference between the two being that the deduction is only allowed when ...

6. Deducting Mortgage Interest: What You Need to Know - AOL

   www.aol.com/2014/03/16/deducting-mortgage...

   One of the most popular tax deductions people use is for interest on the mortgage loan you take out on your home. But what are the ins and outs of the mortgage interest deduction, and does it ...

7. Are home equity loans tax-deductible? - AOL

   www.aol.com/finance/home-equity-loans-tax...

   Key takeaways. Joint filers who took out a home equity loan after Dec. 15, 2017, can deduct interest on up to $750,000 worth of qualified loans ($375,000 if single or married filing separately).

8. What are cash-out refinance tax implications? - AOL

   www.aol.com/finance/cash-refinance-tax...

   If you plan to itemize deductions, you can deduct the interest you pay on your new mortgage (the first $750,000 or first $375,000 if married and filing separately) from your taxable income. But ...

9. Personal loans: Are they taxable income? - AOL

   www.aol.com/finance/personal-loans-taxable...

   Interest payments on student loans, mortgages and business loans can be reported as tax deductions. However, personal loan interest payments only qualify as tax deductible under certain circumstances.