
if you have 2 interest only mortgage loans, can you do tax deductions on the both?
I am talking about the case when you got 80/20% mortgage loans with 0% downpayment. I know that the 80% one is fully deductable, but not sure if I can deduct taxes for the second one
I’ve gotta better one.
What will you do when your rate goes up and you have no equity and you can’t sell?
I’d refinance on a 30 year fixed. If you can’t afford it then you can’t afford the house.
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