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Should You Own or Rent a Home in Retirement? – It’s not uncommon to grow attached to your home. place you own. While renting in retirement has its benefits, it’s not necessarily the best move either. Here are a few drawbacks to think about:.
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2018 home equity interest deduction What the new tax law will do to your mortgage interest deduction – For 2018-2025, the TCJA also generally eliminates the prior-law provision that allowed interest deductions on up to $100,000 of home equity debt, or $50,000 for those who use married filing separate.
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ways to pay off mortgage quicker 4 Ways to Pay Off Your Mortgage Quicker | Colonial Wallet Wisdom – Mortgage payments can be a major drain on your budget. Paying off the minimum amount each month can be helpful in the short term, but the extra interest and duration of the loan can make a significant dent in your long term spending power.
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