Quote:
Originally Posted by Number 6
As it stands, it is my understanding that neither the principal or interest is tax deductible. You can take out a home equity loan and pay off the Bond. The interest on a home equity loan is deductible.
Check with your tax professional.
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That's what we were told by the TV agent when we were looking at houses.
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Brooklyn, The Poconos, Garden City South, The Village of Hemingway
