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Can I Deduct Mortgage Points on My Taxes?
SmartAsset via Yahoo Finance Canada· 6 months agoPurchasing mortgage points allows you to "buy down" the interest rate on a home loan. Doing so may result in a lower monthly mortgage payment and save...
How Long Do I Have to Keep Tax Documents?
SmartAsset via Yahoo Finance Canada· 5 months agoOnce tax season is over, it's tempting to contemplate pushing every document into a shredder and going on your way until next year. However, prematurely...
Tax Deductions & Credits Homeowners Should Know About
SmartAsset via Yahoo Finance Canada· 2 years agoOwning a home can offer some unique financial benefits, including appreciation and a potentially...
What Happens When You Pay off Your Mortgage?
SmartAsset via Yahoo Finance Canada· 2 years agoFor many homeowners, one of the milestones on the path to financial independence is being able to pay off their mortgage. With typical mortgages lasting...
Landlords’ guide to your 2022-23 tax return (and how to beat HMRC)
The Telegraph via Yahoo Canada News· 9 months agoHigher mortgage rates and buy-to-let tax relief crackdowns could leave landlords facing hefty...
When Is PMI Tax Deductible?
SmartAsset via Yahoo Finance Canada· 7 months agoMortgage lenders generally require private mortgage insurance (PMI) when borrowers cannot put down at least 20% on a home loan. PMI premiums can add...
Doing Your Own Taxes? Make Sure You Follow These 15 Tips
GOBankingRates via Yahoo Finance Canada· 2 years agoTax season is underway, and millions are hoping for a refund or, at the very least, to minimize what...
Haven’t Filed Taxes Recently? Here Are Some Deductions That No Longer Exist
GOBankingRates via Yahoo Finance Canada· 2 years agoMany people are filing taxes for the first time in a while to claim the balance of their extended...