First of all, I am not a tax professional, I don't even play one on TV. Take all advice you get over the internet with a grain of salt. Now, if we look at IRS Publication 936 - Home Mortgage Interest Deduction you will find what qualifies. It states: "For you to take a home mortgage interest deduction, your debt must be secured by a qualified home. This means your main home or your second home.

Travelers can provide you with a receipt of your payments at any time. Due to the different Provincial laws please consult a tax accountant to discuss your ability to claim your child's tuition. See similar questions...

Since personal interest is generally non-deductible must meet several tests: You must be the person liable on the debt and the loan must be for education only. There are income limitations. You can't deduct if you're claimed as a dependent. Call us and we can figure it out. See similar questions...

No, only Canada Student loans or OSAP qualify. Other bank loans or lines of credit do not qualify. See line 319 of the General Income Tax and Benefit Guide for details. If line 260 is equal to or less than line 335 and less than $30,004, you have no federal taxes to pay. Therefore, further non-refundable credits will not be of any benefit, with the exception of tuition fees. See similar questions...

In the United States, one side benefit of paying points on a mortgage loan is that they are fully tax deductible for the same tax year as your closing. However, this does not apply to points paid for a refinance loan. For refinances, the IRS requires you to spread out the deduction over the life of the loan. For example, if you paid $5,000 in points for a 30-year refinance loan, you can only deduct 1/30 of the $5,000 each year for 30 years. See similar questions...

Although you should seek the guidance of your tax advisor, the short answer is that the IRS has made weight loss treatments deductible if someone suffers from "obesity" or even if you're not obese, weight loss programs to treat another disease like diabetes or high blood pressure can also be deducted. There are limits to the deduction so we recommend you go to (www.irs.gov) for more information on this. See similar questions...

No. Just because you choose not to use the public school does not mean that you can somehow "recover" the money you spend in school taxes. We all pay for government services that we don't use. See similar questions...

If you file a federal income tax return and you itemize deductions on Schedule A, you may deduct the amount of property taxes the department pays to the county for that year. Deferred property taxes are deductible on an individual income tax return only in the year that the taxes are paid, not in the year the deferral account receives full payment. Interest on the deferred property taxes is deductible as home mortgage interest in the year the interest is paid. See similar questions...

Applying for an RV or Boat Loan through the RV Lending Section at FINDRV.COM is easy. All you need to do is click on the RV Lending Section from the left side of the menu. Browse through the various RV and Boat Lending Partners that interest you and one done, click on Quote Request to send Loan Overview Details to Top and most competitive RV/Boat Lending Providers in the USA. Alternatively, you can click through to the RV/Boat Lending Partners Website and complete an online application. See similar questions...

If your current loan balance (or if you own the unit free & clear) plus 80% of the cost of the upgrade is $25,000 or greater, the answer is YES. However, the new loan can not exceed 80% of the current market value of your RV. The best way to get an overview of the best RV Lending rates is to complete the high-level RV/Boat Loan Quote request form on the RV/Boat Lending Section of the FINDRV.com website. See similar questions...

In most of the RV/Boat loans that we see, we find that most RV/Boat Lenders require a 10% down payment and the RV Lending Provider will usually finance the remaining 90% of the loan. If you are financing an RV/Boat through a business, the amount most lender providers will require is usually closer to 20% down due to the increased risks involved with these types of loans. These down payment requirements vary for each lender so I would suggest you allow us to help you shop and compare. See similar questions...

Most RV/Boat Loans that exceed $10,000 can be extended for 10-15 years. However, there are several variables that will be considered such as age of applicant, value of RV/Boat you are financing and overall credit rating. On new RV/Boat Loans we see RV Financing terms that is being offered for 20 years. Talk to our RV Lending Provider partners today to discuss your personal situation. Penalties are not applicable to "simple interest loans". See similar questions...

We find that most lenders will not charge an application fee on your loan. However, the fees vary by RV/Boat Lending provider. This is a question that is best answered by our RV/Boat Lending Providers or as a result of your overall online comparison shopping process. See similar questions...

We always suggest you make your payments on time as your credit rating is at risk. Most RV/Boat Lending Providers do have firm policies about being late and the impact associated. While these policies vary by RV/Boat Loan providers, we find that most will provide a 1--day grace period. After the 10-days, you are subject to a late fee and your credit becomes at risk. See similar questions...

The funding process will be dependent on the type of loan you are receiving. if you are receiving a loan on a New RV/Boat Loan, these funds are usually sent directly to the Selling organization. If your loan is a Refinance, in many cases, the funds will be sent directly to you if you and the current lien-holder according to equity in the loan. See similar questions...

Whether you are applying for a pre-approval or for a loan on a specific RV, once we have your information it only takes us 1 or 2 working days to give you a formal, IN WRITING, credit decision which will be good for 60 days. See similar questions...

We offer you a number of refinancing options. With interest rates still low and because your out of pocket cost to refinance is minimal, refinancing can save you thousands over the life of your loan. See similar questions...

Yes; We offer you a number of options to refinance. With interest rates still low and because your out of pocket cost is minimal, refinancing can save you thousands over the life of your loan. See similar questions...