Quote:
Originally Posted by cdelena
The tax issue I was talking about was the funds I have that could pay off the loan are in tax deferred accounts... so pulling hundreds of thousands at one time will create a tax liability I do not want to pay.
I am well aware that the tax deduction on mortgage interest is not worth that much.
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Ohhhh, gotcha. It sounded like you meant tax implications related to the mortgage itself, not on the funds that would be paying off the mortgage.