Recent content by thelinux

I am on the Alton and Jeffrey. :-)

OK, guys... How about fire insurance? I thought it's usually included in home insurance but my agent says it's a separate insurance???

I am getting a quote from Ameriprise. When I selected earthquake coverage the premium went up by $200! Are you guy getting earhquake coverage??? I'd like to have one but it's so expensive...  :(

Finally I am buying a home in Irvine. It's a 1500sqft/$500K detached condo in Oak Creek. I now need to get an home insurance for this property which is what I've never done before. So what should I look for when buying an home insurance? What kind of coverage should I get? What coverages are you...

Thank you everyone. Because I can save only $300, I guess it makes sense to buy cheaper house and borrow less.. :D

I tried it. It only gave me $320/month save. I was expecting something about $500/month saving according to that rough calculation...  :( I don't know why I am getting only this much saving....

Oh, wait, where does that 8% came from????

Not deductible but still deduct??? Why people do this hen it's not deductible? Won't IRS reject your report then???

Wow that's a lot more saving than I thought. So MR is not tax deductible????

So I can also deduct property tax I paid from my income when calculating my state and federal tax???

Ok, so... 300K x 0.045 (4.5%) = 13,500 13500 x 0.25 = $3,375 3375/12 = $281/month Is this correct??

I am sorry for being such a dumb but I don't understand most of what you said....  ??? I don't know how to estimate interest expense.... Is MR also tax deductible??? What do you mean by "don't get phased out of that deduction"??? I used calculator...

Hi, I am thinking to buy an 600K home with $300K down. My monthly home expense came out as about $2,500/month (This includes everything. Tax + MR + HOA + Insurance) But I heard that the interest you pay on mortgage is tax deductible. If so, how much am I expected to save monthly? Can anyone tell...

Right morning sun. Why didn't I think about that???? Thanks!

So they convert a patio into a room? A real room with walls and roof????