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	<title>Utah Home Mortgage Specialist &#187; Tax Credits</title>
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		<title>Housing Tax Credit Extended</title>
		<link>http://theutahhomemortgage.com/wordpress/housing-tax-credit-extended/</link>
		<comments>http://theutahhomemortgage.com/wordpress/housing-tax-credit-extended/#comments</comments>
		<pubDate>Fri, 07 May 2010 13:12:31 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Home Mortgages]]></category>
		<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=545</guid>
		<description><![CDATA[Exciting News for Veterans! The First Time Home Buyer and Long-time Resident Tax Credits have been extended for Military Personnel and certain Federal Employees.   Here are the basics: You must have been on active duty outside of the US for 90 days during the period beginning after Dec. 31, 2008, and ending before May 1, 2010. [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Part 8: Get more information</title>
		<link>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-get-more-information/</link>
		<comments>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-get-more-information/#comments</comments>
		<pubDate>Fri, 19 Mar 2010 23:54:01 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=456</guid>
		<description><![CDATA[Sources and Publications As always with taxes, nothing is ever simple or easy. Speak with a qualified tax professional for specific advice &#8212; an enrolled agent, a CPA or an attorney who specializes in tax issues. Also, the IRS itself has excellent information at its website, www.irs.gov, by phone at 1-800-829-1040 and with specialized publications [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Part 7: 1031 Exchanges</title>
		<link>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-1031-exchanges/</link>
		<comments>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-1031-exchanges/#comments</comments>
		<pubDate>Thu, 18 Mar 2010 23:51:26 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=452</guid>
		<description><![CDATA[ A 1031 exchange may allow investors to defer all capital gains taxes. With a 1031 transaction, investment property is exchanged for &#8220;like&#8221; real estate. The basic requirements are that within 45 days after the &#8220;relinquished&#8221; property has been sold, a &#8220;replacement&#8221; property must be identified. The identified replacement property must then be acquired within 180 [...]]]></description>
		<wfw:commentRss>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-1031-exchanges/feed/</wfw:commentRss>
		<slash:comments>27</slash:comments>
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		<item>
		<title>Part 6: Investment Properties</title>
		<link>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-investment-properties/</link>
		<comments>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-investment-properties/#comments</comments>
		<pubDate>Wed, 17 Mar 2010 21:23:00 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=444</guid>
		<description><![CDATA[Investment real estate can generate substantial write-offs. If you own rental property you must seek a fair market rental for your property. You may generally deduct mortgage interest, property taxes, repair costs, management by an outside party, depreciation, advertising, insurance, utilities, legal services and other expenses. It&#8217;s possible with rental properties to have both a [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Part 5: Home Offices</title>
		<link>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-and-home-offices/</link>
		<comments>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-and-home-offices/#comments</comments>
		<pubDate>Tue, 16 Mar 2010 21:22:11 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=437</guid>
		<description><![CDATA[Home offices may be deductible. If a portion of your home is used regularly and exclusively as your principal place of business or for the convenience of your employer it may be possible to write off a portion of such costs as mortgage interest, property taxes and utilities. There are a number of tests which [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Part 4: Mortgage Points paid at closing</title>
		<link>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-points/</link>
		<comments>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-points/#comments</comments>
		<pubDate>Mon, 15 Mar 2010 21:17:02 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=434</guid>
		<description><![CDATA[Points may be deducible by both buyers and sellers. Picture a situation where a home is sold for $500,000 and the owner &#8212; to help close the sale &#8212; offers to pay 1 point for the buyer. If the property was financed with a $350,000 mortgage, a point would be worth $3,500. According to the [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Part 3: Private Mortgage Insurance Premiums</title>
		<link>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-and-private-mortgage-insurance-premiums/</link>
		<comments>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-and-private-mortgage-insurance-premiums/#comments</comments>
		<pubDate>Sun, 14 Mar 2010 21:01:33 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=428</guid>
		<description><![CDATA[If you have purchased a home and have less than 20% equity in the property chances are you are required to pay for private mortgage insurance in conjunction with your regular home mortgage principle and interest payment. Before you start thinking to yourself about all the drawback to paying for private mortgage insurance.  This column [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Part 2: Home Mortgage Interest</title>
		<link>http://theutahhomemortgage.com/wordpress/tax-advantages-of-utah-home-mortgage/</link>
		<comments>http://theutahhomemortgage.com/wordpress/tax-advantages-of-utah-home-mortgage/#comments</comments>
		<pubDate>Sat, 13 Mar 2010 20:48:24 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=416</guid>
		<description><![CDATA[Mortgage interest on home mortgage is generally deductible. The IRS says there are three categories of deductible home mortgage interest: Mortgages you took out on or before October 13, 1987 (called grandfathered debt). Mortgages you took out after October 13, 1987, to buy, build, or improve your home (called home acquisition debt), but only if [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Homeowners Rejoice: Tax Breaks Are Here&#8230;.</title>
		<link>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-tax-breaks/</link>
		<comments>http://theutahhomemortgage.com/wordpress/utah-home-mortgage-tax-breaks/#comments</comments>
		<pubDate>Fri, 12 Mar 2010 20:35:11 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=413</guid>
		<description><![CDATA[Let&#8217;s be honest: April 15th is a day of reckoning, the moment when we find out what we really owe for taxes. In households nationwide wallets are drained and many who were rich on the 14th are greatly impoverished by the 16th. But for those with real estate the load is made lighter by tax [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>What do you know about the Federal homebuyer tax credit?</title>
		<link>http://theutahhomemortgage.com/wordpress/federal-tax-credit-utah-home-mortgage/</link>
		<comments>http://theutahhomemortgage.com/wordpress/federal-tax-credit-utah-home-mortgage/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 19:48:26 +0000</pubDate>
		<dc:creator>Collette</dc:creator>
				<category><![CDATA[Tax Credits]]></category>

		<guid isPermaLink="false">http://theutahhomemortgage.com/wordpress/?p=407</guid>
		<description><![CDATA[Everyone has been talking a lot about the Federal Tax credits available to those who are purchasing a new home. Many people are out looking for homes simply because they want to qualify for the $6500 or $8000 available from the Federal Government. As always with taxes, nothing is ever simple or easy.  The best advise [...]]]></description>
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		<slash:comments>10</slash:comments>
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