We’ve all been there, you have a new sofa, and then, seeming no time after …
Read More »How does refinancing affect my taxes?
Refinancing can be a great money-saving move. But it can also impact your taxes both positively and negatively. From a tax implication perspective, refinancing is viewed differently than an initial mortgage. Because it’s seen as “debt restructuring,” the deductions and credits that can be claimed with a refinance aren’t as …
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