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Interest on reverse home mortgages is not deductible on earnings tax returns till the loan is settled, either partially or in full. In a reverse home loan, you keep the title to your home. That indicates you are accountable for home taxes, insurance, utilities, fuel, maintenance, and other expenses. And, if you don't pay your home taxes, keep homeowner's insurance coverage, or maintain your house, the lending institution may need you to repay your loan. https://www.bookmarkingqueen.win/erin-gaynor |
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