Not exact matches
Mortgage Insurance Premium: The amount
of money you pay, either monthly
included as part
of your mortgage payment or annually
out of an
escrow account, that insures your mortgage from default.
Escrow for the whole purchase, which often (but not necessarily)
includes title service, processing
of all aspects
of closing (ensures everyone gets paid by making sure all purchase money that comes in, also goes
out to everyone as agreed, etc), and so on.
Taking
out a mortgage loan is one
of the traditional routes consumers tread to have the chance to have a place
of their own but not everyone understands the complexity
of payment
including that for an
escrow account.
Your rental - property related expenses like interest, taxes, insurance (btw, those three items are
included in your total mortgage and
escrow payment, so they aren't coming
out of your pocket, they're coming
out of your renter's pocket), repairs, maintenance, and real estate agent fees are tax - deductible.
Issues to be addressed
include the tax and accounting implications
of subjecting employee equity to indemnity
escrows or earn -
out arrangements; the application
of the «golden parachute» tax rules (Section 280G
of the IRC) to accelerated benefits and severance pay; and the development
of retention arrangements in the form
of employment agreements or special cash or equity grants.