Question posed by rougepalace: on my taxes, can I write off my homeowners insurance premium?
I have read somewhere recently where you can write off your homeowners insurance premium.

Most detailed answer:

Answer by naldo
yes if you file with rapid refund they will walk you throw it step by step i did it online took about 30 minutes .

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A question asked by blackoutparty111: are property taxes and insurance considered part of manufacturing overhead?
i have to do a manufacturing overhead budget. i have some variable costs and fixed costs. i know that all of the variable costs are part of manufacturing overhead, and i know that i should not include depreciation and amortization in my total manufacturing overhead.

i’m just not sure what to do with property taxes and insurance. do i include it in total MOH?

Most comprehensive answer:

Answer by Jen
If the property taxes and insurance relate directly to the manufacturing plant, then they will be part of your overhead.
Your other statements are incorrect. Factory equipment depreciation will be included in your overhead. It also sounds like you might be assuming that all variable costs are part of MOH, which is not true.
Manufacturing overhead is pretty much anything you need to make a product that can’t be classified as a direct material or direct labor. Also, make sure not to include marketing / administrative costs in your overhead budget.

Provide your own answer to this question below!

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property insurance
by Pahz

A question asked by blackoutparty111: are property taxes and insurance considered part of manufacturing overhead?
i have to do a manufacturing overhead budget. i have some variable costs and fixed costs. i know that all of the variable costs are part of manufacturing overhead, and i know that i should not include depreciation and amortization in my total manufacturing overhead.

i’m just not sure what to do with property taxes and insurance. do i include it in total MOH?

The No 1 answer:

Answer by Jen
If the property taxes and insurance relate directly to the manufacturing plant, then they will be part of your overhead.
Your other statements are incorrect. Factory equipment depreciation will be included in your overhead. It also sounds like you might be assuming that all variable costs are part of MOH, which is not true.
Manufacturing overhead is pretty much anything you need to make a product that can’t be classified as a direct material or direct labor. Also, make sure not to include marketing / administrative costs in your overhead budget.

If you know better then please let us know below.

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Question by Lolli: What are average property taxes and insurance in LA?
I’m trying to figure out how much house I can afford using an online calculator but it’s asking for an estimate of the yearly property taxes and insurance and I have no idea what the amount is. Is there a percentage I can use?
Sorry, I meant Los Angeles not Louisiana

No 1 answer:

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Question posed by Back on the market: How much is Property Insurance? How much is Property Taxes?
Doing a paper for School

Whats the average amount of property tax, for a statelike california? Say Los Angeles

Is there an average on property insurance?

Most detailed answer:

Answer by KitKat
Property tax and property insurance depends on many things. There is no average amount. Where I live, one part of town pays about $ 4,000 a year for property taxes and in other parts, they pay $ 9,000. It usually depends on the size of the house and the lot.

Whether you agree or disagree, why not leave your own thoughts below.

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Mrs J asked:


Last year it was insured for 1600 sq ft. This year they decided (on their own wihtout measuring it) that it is 3,000 sq ft!
Even the town taxes me at 1400 sq ft! The insurance company said the town does that to help ppl save on taxes but I’m not so sure I believe them. This town is money hungry. Its not like them to try to help someone. Unless they can help you part with your money.

My house is 1&1/2 story. The upstairs walls are slanted inwards in all rooms but one and the short hallway. It is a 4 bedroom but very small rooms.
The insurance company said to times length by width and then add 1/2 of that for the upstairs. Is that right? I’m not sure I believe them. All they want is my money!

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Homeowners insurance?

Doug B asked:


We are closing on a loan. The mortgage broker now says that we have to pay homeowners insurance for a whole year up-front. We have had nothing but problems with this company. Before this he said we would have to pay the taxes and insurance for the remainder of the month we closed in. I think he’s being untruthful and is trying to make another $800.00 on the mortgage. I got a quote from my insurance company for $450.00 for the annual fee. I am also closing today the last day of the month…..whats up?
I live in Ohio!

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inzaratha asked:


I bought my house for 200,000 and had 214,000 covered on the home owners insurance. I remodeled it and refianced to have one mortgage instead of building loans etc and it is now mortgaged for 260,000 and worth about 400,000. Do I have to specifically increase it, or did the bank do this with the refi. For instance, my payments include the taxes and insurance and I know the tax increased and this is reflected in my payments. They got all the info from my insurance carrier, did they automatically increase it to cover themselves? I do not want to pay more than I have to, but do not want a risk…

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homeowners insurance
Brooke1293 asked:


I’m trying to determine how much house I can afford to buy–but I need to know how much homeowners insurance and taxes are. Is there an easy way to estimate this?

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homeowners insurance
rougepalace asked:


I have read somewhere recently where you can write off your homeowners insurance premium.

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