Does Refinancing Affect Your Taxes?
Assurance Financial
MARCH 18, 2021
No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. The part of your mortgage that you refinance and pay interest on can be deducted if you use the money for a capital improvement on your property. Homeowners in the U.S.
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