Financing in Kensington & Parkville : Questions & Answers

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Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
If a unit in a coop is occupied by an adult child of the owner does a bank consider that unit owner occupied in deciding to make loans on another unit
Your lender and or attorney can best answer the question, therefore consider a consultation.
0 votes Share Flag Tue Oct 2, 2012 Financing in Kensington & Parkville
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Is the interest on a mortgage deductable if it is a rental property?
When it comes to any tax related questions, it's really in your best interest to consult with your tax professional, and or tax attorney....
0 votes Share Flag Mon Feb 13, 2012 Financing in Kensington & Parkville
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
How can I find an excellent mortgage broker? (Like now:)
Check with your Realtor. He/she will have some recommendations. Reason why the broker is likely to be good: Your Realtor knows that his/her commission depends on your actually being abl ... more
0 votes Share Flag Sat Jan 19, 2013 Financing in Kensington & Parkville
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Is it true that 50% of a coop's maintenance is tax deductible? What about Condo maintenance fees?
I'm not an accountant, so this isn't accounting advice.

And I don't know about a coop.

Regarding condos, if you're living in the condo, no the maintenance fee ... more
0 votes Share Flag Sat Mar 6, 2010 Financing in Kensington and Parkville
Gita Bantwal…, Real Estate Pro in Jamison, PA
Gita Bantwal ABR/CRS/SRES/CDPE answered:
I've heard that the 1st time buyer tax rebate is reduced for incomes over $120,000 (but under 200). How is that reduction calculated?
The best source is www.irs.gov.
If you need assistance talk to a professional accountant.
0 votes Share Flag Wed Mar 3, 2010 Financing in Kensington and Parkville
Sonni Woodbu…, Real Estate Pro in Prospect Heights
Sonni Woodbury answered:
How do I find the best deal on a mortgage?
A good mortgage broker can help you find the best option.
0 votes Share Flag Tue Jun 19, 2012 Financing in Kensington & Parkville
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