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Financial Planning / Tax Strategies


Subject:  Re: Refi and AMT Date:  7/5/2011  8:07 PM
Author:  Bob78164 Number:  113640 of 128039

ptheland writes (in part):

Fortunately, the first dollars of principal you repay is that cash-out portion. So the issue won't last for long. And assuming that the interest on $2k of cash-out is pretty much immaterial, it won't really make a difference on your tax return.

I reply:

Thanks. That's very helpful. --Bob
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