David M.Green Bookkeeping and Tax Service -

Recent Posts

Like Harvey, Retirement Plans Can Make Loans, Hardship Distributions to Victims of Hurricane Irma
IRS Has Refunds Totaling $1 Billion for People Who Have Not Filed a 2013 Federal Income Tax Return
File Without 1095-B or 1095-C
6-Month Extension Period for Calendar Year C Corporations
Early Withdrawals from Retirement Plans
powered by

My Blog

Pay your Credit Card Debt With a Home Equity Line of Credit

The No. 1 tax strategy missed by consumers every year could save you hundreds of dollars and provide a perfect tax deduction.

All you have to do is pay your credit card debt with... a home equity line of credit.

Interest on a credit card is easily three times what you would pay on a home equity line and the interest is never tax deductible.

Rolling that debt to a home equity line allows you to pay it off at a much lower interest rate (usually 4 percent or less) and write off the interest.

0 Comments to Pay your Credit Card Debt With a Home Equity Line of Credit:

Comments RSS

Add a Comment

Your Name:
Email Address: (Required)
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment