What can I deduct when refinancing rental property. – The costs associated with obtaining a mortgage on rental property are amortized (spread out) over the life of the loan. For example, if it cost you $3,000 to refinance your 30-year mortgage, you’d be able to deduct $100 per year for the next 30 years. Other refinance-related expenses not directly related to the mortgage may also be deductible.
Pros And Cons Of Cash Pros & Cons of Paper Money | Bizfluent – Cash kept in your home, wallet or elsewhere is prone to theft. Paper money is hard, if not impossible, to trace, making it difficult to recover your funds once.