Tax Planner Reveals Mortgage Refinance Tax Deductions for 2016
Frank Ellis, a Traverse City tax preparation planner and author, explains what homeowners may have available to them in an Examiner.com article, "Mortgage Refinance Tax Deductions for 2016". Refinancing a mortgage can get one a cheaper interest rate, he says, and involves taking out a new loan and paying off the old loan with it. Ellis says the same deductions are available for refinancing as with a first mortgage.
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