Note: The article author is not a CPA or tax specialized. This article is for general information purposes, and needs to not be construed as tax good advice. Readers are strongly asked to consult their tax professional regarding their personal tax situation. Proceeds from any refinance are not taxable income, so you are examining approximately $100,000.00 of tax-free income. You have not sold residential energy (which is often taxable income).you’ve only refinanced the program!
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