http://www.xtacash.com Just another WordPress weblog Sun, 27 Mar 2011 23:03:59 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.xtacash.com/how-does-a-loan-modification-effect-your-income-during-tax-time-does-the-company-write-off-the-loss/ http://www.xtacash.com/how-does-a-loan-modification-effect-your-income-during-tax-time-does-the-company-write-off-the-loss/#comments Sun, 07 Feb 2010 10:53:58 +0000 admin http://www.xtacash.com/how-does-a-loan-modification-effect-your-income-during-tax-time-does-the-company-write-off-the-loss/ When a company writes of part of a debt, it is then recorded as income to the IRS and you pay taxes on it. Does the loan modifcation work the same way?

]]> http://www.xtacash.com/how-does-a-loan-modification-effect-your-income-during-tax-time-does-the-company-write-off-the-loss/feed/ 3 http://www.xtacash.com/how-do-i-write-a-loan-proposal-for-the-bank-to-obtain-a-loan-to-open-up-a-coffee-shop/ http://www.xtacash.com/how-do-i-write-a-loan-proposal-for-the-bank-to-obtain-a-loan-to-open-up-a-coffee-shop/#comments Fri, 16 Oct 2009 10:45:21 +0000 admin http://www.xtacash.com/how-do-i-write-a-loan-proposal-for-the-bank-to-obtain-a-loan-to-open-up-a-coffee-shop/ My friend is paying me to write her a loan proposal to the bank so that she can get the loan to open up her coffee shop. I need help on where to begin or can someone point me to a sample copy? Thanks.

]]> http://www.xtacash.com/how-do-i-write-a-loan-proposal-for-the-bank-to-obtain-a-loan-to-open-up-a-coffee-shop/feed/ 1 http://www.xtacash.com/if-i-consolidate-my-student-loan-with-a-personal-loan-can-i-still-write-off-the-interest/ http://www.xtacash.com/if-i-consolidate-my-student-loan-with-a-personal-loan-can-i-still-write-off-the-interest/#comments Wed, 16 Sep 2009 10:56:37 +0000 admin http://www.xtacash.com/if-i-consolidate-my-student-loan-with-a-personal-loan-can-i-still-write-off-the-interest/ I had a federal student loan which I consolidated about 8 years ago to someone who eventually sold that loan to Citibank. I pay about 8.35% in interest. I am considering paying off that student loan with a personal loan where I can get a better interest rate. If I do this will I still be able to write off the interest I pay on my taxes?

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