Eliminates the deduction for interest on home
equity debt unless it's used to buy, build or substantially improve the home, according to the IRS.
Eliminates the deduction for interest on home
equity debt unless it's used to buy, build or substantially improve the home, according to the IRS.
Not exact matches
Note that refinance loans in California are also non-recourse loans,
unless you opt for a cash - out refinance to get cash out of your home
equity for something like a vacation or to pay off
debt.
But the market giveth and the market taketh away...
unless you're smart enough to get your
equity off the table with cheap long - term
debt while both are still available.
(1) Large purchases (at least $ 75 million of pre-tax earnings
unless the business will fit into one of our existing units), (2) Demonstrated consistent earning power (future projections are of no interest to us, nor are «turnaround» situations), (3) Businesses earning good returns on
equity while employing little or no
debt, (4) Management in place (we can't supply it), (5) Simple businesses (if there's lots of technology, we won't understand it), (6) An offering price (we don't want to waste our time or that of the seller by talking, even preliminarily, about a transaction when price is unknown).
Banks typically won't lend more than $ 25,000
unless you secure the
debt with real estate
equity.
Avoid paying off the unsecured
debts with your home
equity loan
unless you are completely sure you'll be able to afford the monthly installments.
So,
unless you have sufficient
equity, re-financing your mortgage may not be a
debt consolidation option.
So,
unless you have the discipline to pay down your home
equity line of credit above the minimum payment to pay off the
debt from the car purchase in three to four years, then you're probably better off taking the car loan.
If they have no
debt and positive cash flow they are a shoo - in,
unless there is something really wrong, like a pending lawsuit waiting to wipe out the company's
equity.
... a 4.5 x
Debt / EBITDA pro forma leverage (as much as TPG would like, 10x leverage is not coming back...
Unless Joe Cassano is hired to run Chrysler's take private group), and also assuming a 40 %
equity portion in the transaction.
Note that refinance loans in California are also non-recourse loans,
unless you opt for a cash - out refinance to get cash out of your home
equity for something like a vacation or to pay off
debt.