Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.

Totally curious on that dynamic.

Also is your rent covering just PITI or total expenses?

Unless the item is a total fabrication.  

Your accountant should be able to factor that into your total cost. 

That is why I chose Seth William's program @Tiffany Henning, I totally agree with you.

A total disaster.

I’m no longer house hacking, and all three units are rented out, generating a total of $8,200/month in rental income.

So of the total interest you paid on that HELOC 62% (80k/130k) won't be deductible.

I don't remember exactly but it was around $10k total for labor and the 2 new boilers.