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First recorded activity by BoatBanter: Jul 2006
Posts: 478
Default Buyers and sellers

Wayne.B wrote:
Why not do the deal as a straight mortgage on the Wyoming property
rather than a home equity loan?


I was wondering the same thing. But he never really mentioned whether
the property was improved or not, and unless it's a business related
thing, the interest won't be tax deductible unless there's a home (2nd
home) on it. Maybe that's the reason?

Rick


 
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