Hi Guys
This guy wants to build another house and live in it but raise a mortgage on his existing house which is mortgage free, to build the new one.
Question:
How should he go about arranging the loan so that he can get the best tax advantage from it. His old house will be rented out.
Any suggestions will be most appreciated.
Regards
This guy wants to build another house and live in it but raise a mortgage on his existing house which is mortgage free, to build the new one.
Question:
How should he go about arranging the loan so that he can get the best tax advantage from it. His old house will be rented out.
Any suggestions will be most appreciated.
Regards
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