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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 21 Mar 2005 03:57:49 GMT
/ Author of the message: "Don" |
Title of the message: |
Re: tax deduction for interest expense in down payment?
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Text of the message: |
"John A. Weeks III" <john@johnweeks.com> wrote in message news:john-7BEF6E.20295120032005@ip-lcc.supernews.net... > Lenders do verify your funds. They sometimes even monitor your > checking account for deposits. If money appears unexpectedly, > they will make you show where it came from. It depends on the > lender, but some are very, very anal about tracking your cash. I suppose it can happen, but if any have done it to me, it has been behind the scenes without my knowledge. No lender ever asked me to submit verification as to exactly where my down payment came from. But then almost all lenders have asked for income tax returns, even though the information in the tax return is usually some months behind the times. . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.