QUESTION:

who pays house taxes

Who is responsible for the taxes on a home if you decide to go with a reverse mortgage?
asked by Retiree, 6/15/2008
Categories: Tax Planning
ANSWERS:
Answered by: Editorial, 06/17/08
Overall Rating: Be the first to rate it.

Each situation is unique and you should consult a tax advisor, but generally, reverse mortgages provide tax-free income through the equity release from your home.

If you wish to be connected with a prequalified Reverse Mortgage lender, please call 866-441-0246 or complete NewRetirement's online form at:
https://www.newretirement.com/Services/Reverse_Mortgage_Advice.aspx

Or, learn more about Reverse Mortgage eligibility here:
http://www.newretirement.com/Services/Reverse_Mortgage_Who_Should_Consider.aspx

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