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GOFINANCIAL – And sure, reverse mortgages do have additional costs – payment into the FHA insurance fund – that not all forward mortgages have. But this payment offers up a product feature other loans don’t – the ability to not make money payments and never owe more than the value of the house on the loan.
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Converting a Residence to Rental Property – The Tax Adviser – A taxpayer may decide to permanently convert a personal residence to rental property. The decision is often made as a result of the taxpayer’s inability to sell the property at a gain or a desire to retain the property for future personal use.
Going to be graduating law school with 120k in debt. I. – Debt Going to be graduating law school with 120k in debt. I likely won’t make the "big law" job that pays 150k per year.. until you’ve paid off your loans. Don’t live in an expensive apartment. You could pay that loan off in 6 years even if you don’t get a raise in that time, which you will.. a mix of hard and canned, and I don’t buy.
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