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Old 07-19-2011, 05:47 AM
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Russ_Boston Russ_Boston is offline
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Quote:
Originally Posted by kentucky blue View Post
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?!?
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.