Why do some owe money and others get a refund for their taxes?
i file my taxes every year no matter how little i make but i still dont understand how doing your income taxes work. how come some of us owe money and others get a refund? if there’s an amount in the federal withholding doesnt that mean you should automatically get some money back? my boyfriend has worked part-time at the same job for more than 3 yrs and he some how has owed money to the IRS every year. how come he gets nothing back? in what conditions will one owe money and in what conditions will one get a refund?
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What is used to calculate the 31% for mortgage restructuring?
What is used to calculate the 31% for mortgage restructuring?
My actual mortgage payment is less than 31% of my monthly income, however, my mortgage plus escrow is greater than 31%. Which counts?
How does rental income on a 1st mortgage affect mortgage affordability on a second home?
For example if my 1st mortgage is 00 per month and i charge a rental income of 00 per month, is it a wash? Or do i get the 00 rental income added to my gross monthly income and have the 00 mortgage payment added to my monthly liabilities?
How much money has passed thru your hands in a lifetime?
If you had to guesstimate on average, including birthday money from relatives, your income from your job, graduation money, money from selling items, tax refunds, – not including credit cards, just cash, checks, and deposits into your checking accts. Money that has always been rightfully yours… How much do you think has passed through your hands. Give me a numeric answer. Would you consider yourself to be a millionaire today if you had saved it?
What percentage of your income goes towards your mortgage payments?
If you don’t mind my asking, I’m trying to figure out what a reasonable percent of my income is to be going towards a mortgage payment. My partner and I make around 00 gross monthly, and I’m wondering what percent of that we could reasonably spend on a mortgage without getting in over our heads. We have no other debt, but have normal bills like utilities and car insurance. If you don’t mind could you please give me an idea of what you earn and what you put towards your mortgage? Or what percent of your gross income goes towards your mortgage payments?
Thanks so much!
