in getting my mrotgage caught up i had to pay a fee of 1400 dollars for forclosure fees, can i write them off on my tax return
No.
Absolutely not. You cannot write off any maintenance, repairs, or additions on your home.
You are typically off the market for about 3-4 years after a foreclosure.
A bank loan write-off is when the customer doesn't pay the loan and the bank writes it off as a bad debt. In a write-off, the bank includes a bad debt as an uncollectible loss on its tax return.
In California, the right of redemption period after a foreclosure sale is typically one year. This means that the homeowner has up to one year to reclaim the property by paying off the remaining mortgage balance and any additional costs incurred during the foreclosure process.
There are several possibilities. 1) The lender may continue to pursue the borrower for the money after foreclosure. 2) The lender may just write off the loss. 3) depending on the mortgage insurance situation, the insurance company may contribute.
Debit amortization of financing costCredit financing cost
Storage costs related to your business can be written off on your taxes. Storage costs include fees paid to storage services and companies.
No there are many different tax deductions that can be claimed on your tax return. For a list of them you can visit www.irs.gov.
wait 7 years
At present (June 2012) the train fares from Greenock Central to Glasgow are £5.60 single, £6.60 for an off-peak day return and £9.00 for an anytime day return. From Greenock West to Glasgow, the costs are £5.70 per single, £6.80 for an off-peak return and £9.40 for an anytime day return.
You may: 1. Work with the lender and negotiate to end the foreclosure. While I recommend this method, you need to be prepared to enter into a payment plan with the lender. Be persistent--if the lender says no initially, ask to speak to a supervisor, as banks don't like foreclosures. Remember that foreclosure costs the bank money too. 2. Sue to stop the sale. You can do this, but you will likely need an attorney. And the relief is only temporary. 3. Refinance and pay off the debt in full.