QUESTION:

Deductibility of Mortgage Interest

If I choose to pay the interest on my reverse mortgage will I be able to deduct as mortgage interest on my tax return.
asked by curiousjuan, 10/5/2009
Categories: Tax Planning
ANSWERS:
Answered by: whyhecm, 10/12/09
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I believe the answer to this question is yes, but would advise you to contact a tax planner in your area to confirm this.

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