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Monthly Archives: December 2019

    An Investment Perspective on a Home

    By Mike Parker | December 9, 2019

    Looking for an investment that will turn $10,000 into $80,000 in seven years?  Sound too good to be true?  What if I told you that you could live in it every day during that seven years?  Would that sound even better? A $300,000 home purchased today on an FHA loan would have a $10,500 down... Read More

    Understanding the Mortgage Interest Deduction

    By Mike Parker | December 6, 2019

    Mortgage interest paid on your principal residence is deductible today as it was in 1913 when 16th amendment allowed personal income tax.  The 2017 Tax Cut and Jobs Act reduced the maximum amount of acquisition debt from $1,000,000 to $750,000. Acquisition debt is the amount of debt used to buy, build or improve a principal... Read More