07-19-2011, 05:47 AM
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Sage
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Join Date: Jul 2007
Location: Buttonwood
Posts: 4,844
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Quote:
Originally Posted by kentucky blue
Except, unlike a mortgage, the interest payments on your bond are not tax deductible. I have thought about putting my bond on my home equity loan, so i can deduct the interest payments.I've also considered just paying the bond completely off,but i don't think i'll get my $25,000 back if i sell,........ decisions,decisions ,decisions, what's a young man to do?!?
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Thanks, I forgot about that. Equity line makes sense I think since there are usually no closing costs and rates are very low right now.
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