Homeowners convert consumer debt into tax-deductible debt through home equity lines of credit. Since this debt is secured by real estate, homeowners also pay much less for it.
HELOCs are making a comeback! This is great news for Ponzis who want free money from stupid lenders, but it’s a...
Homeowners deduct cheap consumer debt interest while renters pay higher rates
Thursday, March 31, 2016
OCHN: Homeowners deduct cheap consumer debt interest while renters pay higher rates
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