Readers should seek professional advice.

Readers should seek professional advice.

These are professionals with additional training and a stricter code of ethics.

It’s advisable to consult with a tax professional or financial advisor to determine the most appropriate approach for your circumstances.

Consult with Experts: If you're uncertain, seek advice from a financial advisor or mortgage professional who can help you evaluate the specifics of your situation and give tailored recommendations.By following these steps, you can make a well-informed decision about whether refinancing while considering prepayment penalties is a good financial strategy for you.

In addition, somebody else is paying off your mortgage and the property can be a good tax write-off (consult with a professional).

For example, they lost a fairly major battle when they tried to argue that only licensed professional can manage short term rental properties. 

Either way, you have a great resource of industry professionals her on BP, so I'm sure you are going to be fine! 

Hi Katie, do the tax benefits apply to just Real Estate professionals or could it also apply to regular full-time W-2 employees?

Readers should seek professional advice.