Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a mortgage ...

A mortgage note, also known as a promissory note, is a legal agreement to repay your mortgage. It outlines the terms agreed upon between you and your lender, including the amount you owe, your ...

It’s fine to get rid of monthly mortgage statements, but you should keep all your mortgage documents, including proof of title insurance and the promissory note, until your loan is paid off. Having ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Investing in mortgage notes is an appealing alternative to purchasing properties outright ...

A mortgage expert has warned homeowners not to throw away their 1098 tax forms before they file. In her recent video, California-based realtor Liz Reese (@loanladyliz) explained that 1098 forms can be ...

Buying mortgage notes can provide the savvy investor with secure returns without the hassles and risks of buying and flipping a fixer-upper, locating tenants for a rental condo or unclogging toilets.

If you have a mortgage, you’ll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this form if you paid more than $600 in mortgage interest last year. The form also ...