Remove Insurance Remove Real Estate Remove Refinancing Remove Taxes
article thumbnail

How to Budget (and Pay) for Yearly Bills + a FREE Speadsheet

Family Balance Sheet

They can cause a panic, especially when just one bill is into the four figures, like our property taxes or auto insurance! Our home owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, there have been years where we also owed the Federal government.

Bills 130
article thumbnail

Create a Personal Escrow Account for Your Quarterly & Yearly Bills

Family Balance Sheet

Our home-owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, we also owed the Federal government this year. I started our personal escrow account years ago, when we refinanced our mortgage. auto insurance – due yearly.

Bills 100
article thumbnail

Pros and Cons of Paying Off Your Mortgage Early

Prairie Eco-Thrifter

If you are in the speculative real estate market, your situation is different again. Tax Breaks Another reason against paying out the mortgage early is the tax breaks that it brings. The interest on your mortgage is tax deductible if you rent your property, giving you an extra return on investment. Here’s what you.