When the Government hikes interest rates leading to more EMI’s on your mortgage, it adds even more misery to your bleak existence. No more degrees of freedom and a hopeless vicious cycle is what you inherit.
I’m earning a hell lot of money in my present line of work but all of it seems to go down this bottomless bit called debt. I’m young -just turned 26 and feel frustrated with this choking condition. I never asked to be in this situation but now there’s no way to get around it.

I recently sold my home and am now renting my primary residence. I’m considering buying a rental property to help defer taxes. Someone recently told me that I shouldn’t because my income level ($200k+) disqualifies me from deducting the interest on the rental property. Is that true?

I’m looking to rent an apartment. What information can my present mortgage company release to them? We have to move because of health issues.

I was adviced that I should set up an LLC to hold my rental properties. How do I go about transfering these rental properties into the LLC? Are there any fees associated with these transfer?

what is the best way to use mortgage. jumbo or fixed.

I would like to know what will happen to my mortgage balance if my condo is condemned by natural causes, in California?

Specifically, can a municipality legally require a more rigorous code inspection for residential rental properties than for owner-occupied residential properties? I need an answer with links to case law or something specific like that.

Married filing separately. His income is higher, so can he claim mortgage interest paid instead of me if it’s under my name, since we are married?
He’s a co-owner of the home but the mortgage is under my name only.

My room mate and i rent a house and we found out that the house isn’t mortgaged as rental property, it’s just listed as our LL being the primary dweller of the residence. From what I’ve gathered by different sites and info, is that a person with a mortgage has to go to their lender and get a consent to lease before they can rent out their house? if this is correct is the lease we signed even legally binding?

I hold a second mortgage on someones home and they are now in foreclosure. Will I get any of my money back? Does the first mortgage have to receive all their money first before I get any?