FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free! *Contact Information is NOT Shared*
Posted on June 25, 2018 - 11:29 AM
by Jeffery Tipton
Not necessarily. Home equity lines of credit or cash out refinances where the money was not used to improve the property may not be covered under the Mortgage Forgiveness Debt Relief Act. A tax professional should be consulted to discuss your potential tax exposure.