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Or is is a maintenance question? I am planning on refinancing my mortgage and taking cash out, then using the cash in the near future to buy a new home for my family, while keeping the old one to rent out. My question is, the old home (my current home) looks like it needs a new roof. Is there some way I can pay for the roof that is more tax advantageous? Out of pocket money now? With the cash I get from the refi? Wait till next year? Consult a tax professional? Thanks in advance.....;)

Mike in NJ
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