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Updated over 5 years ago on . Most recent reply

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Kyle Kuric
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3
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Loan Payoff vs offsetting rental income

Kyle Kuric
Posted

Hello everyone, this is my first post. I'm recently new to investing using rental properties. I bought my first house two years ago and it has been rented since. I have the ability now to completely pay off the loan. Is it better to pay off the rest of the mortgage or use the interest from the loan to offset the rental income and not pay as much in tax?

Thank you for any help!

Kyle

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