SAVE TAXES with a Home Equity line of Credit !!!!
If you are a homeowner looking to remodel your home, you should consider the various methods of financing the remodel and how it impacts your taxes.
By borrowing the money from your HELOC, you might be able to increase your itemized tax deductions and save some tax dollars.
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#IRS #MortgageInterest #HELOC
DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.
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