With this 13-page tax guide, you will:
- Learn the basics of a reverse mortgage, including the types available and advantages and disadvantages
- Consider the costs involved in a reverse mortgage, as compared to other options available
- Understand the tax consequences, such as when interest can be deducted and how the funds could affect Medicare/Medicaid and other public benefits
- Learn about events that require repaying a reverse mortgage
- And more!
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Spidell’s Tax Guides are part of Spidell’s Online Research Package