I need to know if I can deduct the mortage payment on a business. Our business mortage is a commercial loan and only the business is on it. Or, is only the interest on the business deductable. If so, would it be in our best interest for the business to rent from us this year?
How exactly do ‘interest only’ mortgage loans work? When do I
pay on the principle of such a loan?
I know APR loans are a bad idea, but how would an interest-only loan work? Would it still be a 30 year note, or do they extend the loan? Would I be ...
How do I go about applying for a small business loan?
-I'm 22 yrs old. ***Am I too young to be approved for a business loan? -I am about $4000 in debt (from medical bills only) but I have small monthly ...
About graduate student loans, is it possible to
deduct paid interest from taxes paid later when at work?
If both spouses have asked for loans , does it make any difference to make a deduction if one or both are working after they graduate ? ...
Can student loan interest be used as a tax deduction if the loans
are in deferment/forbearance?
I know that student loan interest can be deducted. My student loans are all either in deferment or forbearance. I'm accruing interest on some of the...
I have lost my payment book for my car loan and
have no way to contact the company. What should i do?
I lost my payment book for my car loan. All I have is the name of the company and my account number. i ahve looked online but am unble to find the ad...
What is the best bank to get a small loan from for someone with bad
I have bad credit and am looking for a bank that can offer a loan. The loan amount is for about $15,000. I am looking to invest in jointly buying an e...
How does the personal loan from banks such as Bank of America or Citibank
I just received an offer to apply for a personal loan for up to 35,000 with Bank of America and for up to 5,000 with citibank. I actually need no more...
How much can a bank charge for late fees on a mortgage loan?
I made a mortgage loan payment after the due date which the bank charged me a $50.00 late fee. That is cool. I expected it. They claimed I skipped a ...
how do i get a grant for business and restaurant
where do i start first do i get a loan from the bank?
i need help to starting a restaurant business i dont have no money for nothing i dont no how to get a business grant some body tell me shounld i get a...
I have 3 accounts with the same bank.
Can the bank take a payment from an account if I haven’t authorised it ?
I am in financial difficulties but have some money in my savings account to pay for gas, electric etc. However the bank is threatening to take the mon...
What is the optimum amount of
money u need to borrow in order for the interest earned to cover the repayments?
Is this possible after first borrowing a large amount of money, then refusing to repay it back. Then going on to debt management and a reduced paymen...
Can I deduct a new car purchase for my business?
My wife and I purchased a new car in 2006. The car is used for both personal use, and for use in my business. Can I deduct anything on my taxes in r...
How expensive is health
insurance in the United States is it only a one off payment per year or is it monthly?
I know that there has been a lot of arguments for and against free health in the United States because millions of Americans can't afford health insur...
Can I deduct my lease car payments
from my taxes if I use my car for work issues but don’t own the business?
I work at an event marketing agency and have to travel to client meetings and do errands for the client in my car all the time. So because I'm using ...
I have a great business idea! How can i get a business loan if i have bad
I really have a great business idea and have always wanted to do this , but unfortanetly certain circumstances pulled me away. Now that I am 100% read...