Robert P. asked
We currently own a home and plan to move to a second home, renting out the first one. If we refinance the current home for cash-out before moving, will the mortgage interest be deductible against the rental income for the first home? Does it matter if we do a cash-out refinance before moving out or not?
February 8th, 2024
Regina R. answered
The mortgage interest will be deductible against the rental income for the first home if the refinan...
February 8th, 2024
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