Monthly Archive for: ‘March, 2012’
Your Mortgage Penalty May Be Tax Deductible
There’s one piece of good news about mortgage prepayment penalties: The cost of the penalty can be used as a tax deduction if you are breaking your mortgage to move 40 km or more to be closer to work.. The Canada Revenue Agency has a provision that allows you to deduct the costs of moving, if you are doing so to for …
What Do Homeowners, Condo, And Renters Insurance Policies Usually Cover?
By Staff writer State Farm™ Employee Everybody has to live somewhere, right? And whether you choose to live in a home, condo, or apartment, you’ll want to protect your home and property with a residential insurance policy. Here’s what you need to know about insuring your home, no matter where you choose to make it. Insured Hazards Residential coverage insures …
