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Tax Deductible Mortgages


HJS-introduction-07-PGIB2Once you have lowered your mortgage Loan to Value to below 75% you can apply for (if you have not from the start) for a HELOC or a  Line of Credit above your mortgage up to 75% of your loan to value of your home.

By using this line of credit as an investment; the interest paid on this line of credit is therefore tax deductible and by applying the interest made on this investment against your mortgage principle your can convert your regular mortgage debt into a tax deductible instrument that generates tax refunds.


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