Home equity is the dieenrffce between what you owe and current appraised value. Depending on your credit score you may be able to borrow up to 125% of your homes value. There is a fixed amount 2nd mortgage. You get a fixed amount when you take out loan. Usually at a fixed rate. Then there is the equity line of credit. Where you are approved up to certain amount. Then you write checks up to that amount. These loans typically are adjustable rate and part you borrow may become fixed at the time you write check.Interest and maybe some closing cost can be tax deductible. Ask your CPA / tax preparer. Don't ask loan officer. A lot of them don't know and/or will tell you what you want to hear to close the loan deal.
6%
Yes, there is a sales tax on cars in TN. If you purchase your car from a licensed dealer, they will collect the sales tax but if you purchased your car from an individual you will be responsible for the tax when you register your car in your county.
I believe the sales tax is the same if you buy from a dealership or from an individual - $6.25%.
It ca be different for every car
This information will be found on your Bill of Sale. It should show the vehicle purchased, VIN number, sales tax, and the total paid.
92000
It's a 6.5% tax on both used and new automobiles.
According to Infiniti in Knoxville it is 7%. As of July 15, 2002 the sales tax on automobiles new or used in Tennessee is as follows: 7% of the purchase price BEFORE the application of any rebates, plus whatever the local option sales tax is on the first $1600 of the purchase price, plus an additional special state sales tax of 2.75% on the second $1600 of the purchase price. This information comes from a document published by the Tennessee Department of Revenue in January 2008.
What is the sales tax on used cars in Tennessee up to 1 $14000?
do we need to charge sales tax on labor in nashville tennessee
Sales tax on automobiles in Texas is 6.25%.
Tennessee's state sales tax is 7.0%. More sales tax can be added in certain cities and counties.