Whether you do contract work or have your own small business, tax deductions for the self-employed can add up to substantial tax. A few years ago, the IRS introduced a new simplified home office.
What is title insurance, and is it required? In general, title insurance is an indemnity insurance covering the loss of ownership of a real property interest due to title defects or liens. There are two types of title insurance, one of which is required and the other is optional, though strongly recommended under certain circumstances.
If you’re one of the more than 44 million Americans who is self-employed or work for a self-employed employer, the process can be a bit trickier – although not impossible. The key to a stress-free transaction is to be prepared. Here are some tips to help self-employed home buyers get approved for a home mortgage loan.