thumb3

Mortgaging a House Purchased with Cash

We often get questions from clients about putting a mortgage on a property they purchased for cash. Sometimes, in a hot real estate market, paying cash and closing quickly is a necessity, but it isn’t always best in terms of leveraging wealth and/or tax considerations.* The IRS has guidelines regarding mortgage interest deductibility (see a Read more about Mortgaging a House Purchased with Cash[…]