The Internal Revenue Service has issued final rules on the 20 percent business income deduction (Sec. 199A of the Tax Code) that was enacted in late 2017 as part of the Tax Cuts and Jobs Act. Eligibility of rental income If you generate rental property income, that income can also…
MORTGAGE & LENDER NEWS
4 posts
HOME BUYING BOOTCAMP FREE TO TAHOE RESIDENTS Are you a renter and think owning your own home is just a dream? Want to know what to do so you can prepare for the purchase of your first home? This workshop will walk you through the entire process, and show you…
FHA Loans For Your Dream Homes. If you’re planning to buy a home in Tahoe yet worried about not having a stellar credit background, an FHA loan might just be for you. This loan makes it possible for people who have credit scores as low as 500 to still buy…
What is TRID? On October 3rd of this year, a new rule went into effect for the Mortgage Industry called “TRID” or the “TILA-RESPA Integrated Disclosure Rule.” TRID was designed toward making mortgages more transparent and easier to understand for borrowers or buyers. This new rule has made a huge…