Home > Blogs > California > Sacramento County > Sacramento > Beware tax rules when refinancing!
217,195 views

Bud Zeller's Blog

By Bud Zeller | Broker in Placerville, CA

Beware tax rules when refinancing!

As more people refinance home mortgages, some are getting tripped up by tax-deduction rules.  Those who decide to borrow more than they owe on their existing mortgage often assume they can write off interest on the whole new loan, but in many cases they can’t.

Read the full story at: http://online.wsj.com/article/SB10001424052970203960804577239152801934074.html?mod=WSJ_RealEstate_MIDDLETopNews

POST
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer