Posts Tagged ‘savings’

Have a commercial property I make payments on. Can I use the interest as tax savings on my personal income?

February 7th, 2010

I have a retail commercial property. It has 3 store fronts and all three are rented out. I was wondering if I can make extra payments from my personal income toward the property’s mortgage and use the interest paid toward lowering my taxable income on my personal income?

Can the retirement savings calculator at Yahoo Finance be modified to change the age of receiving Social Sec?

January 28th, 2010

For example, the calculator assumes a person would start drawing Social Security benefits at age 62. Can this calculator be modified or updated to show what the benefits would be if the person started taking benefits at age 67 (or any other age over 62)? It would be a more useful Yahoo users tool if this item could be updated.