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 ...

A mortgage note represents a home loan for a given borrower. The note is a security instrument that allows the loan to be grouped with other mortgages after closing and sold to investors. A mortgage ...

Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...

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.

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 ...

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 ...

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 ...