Debt to income ratio is the amount of total debt you have (car loans, mortgages, credit cards, etc) divided by your total income. Lenders look at this closely to hep minimize risk when originating mortgage loans. Take care.
Deductions you can claim. Where your home is also your place of business, you can claim deductions if you carry out income-producing work at home and incur expenses in using your home for that purpose.You can claim a deduction for the following: If the telephone is used for both business and private calls, you can claim a deduction for business calls. 2  decline in value (depreciation) of office plant and equipment, such as desks, chairs, computers.
Report Abuse. unless you are self employed and use your car for business purposes, there is no way to claim a car on your taxes. There is a newer feature that will permit you to claim sales tax instead of income tax paid on your itemized deductions, but you can only claim 1 of them-not both.est Answer: You can only claim a car if you use it for business purposes. That means you need to have receipts or invoices that proove you pay all of your car expenses (gas, maintenace, car note, ect.) through your business.