Off Topic
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Should I Pay Off My Property or Maintain The Debt
I just heard about the idea of chunking down my mortgage on a rental property; sounds enticing to have an early payoff. However, I also know that having this debt offers more tax deductions. Of course, having a property free and clear and having more of your cashflow go toward taxes is a good problem to have but is this a route I should consider taking? Am I really losing much on tax deductions once my property is paid in full?