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Vibrant Living – February 2025

Encompass CRM
Dec 13, 2024
1 min read

Updated: Dec 18, 2024

The money you need may be all around you.

Vibrant Living

Finance: The Financial Possibilities of Home Equity. Millions of Americans are home-equity rich, which means they have a powerful financial asset that may be going unused. Find out how equity can be tapped and what it might do for you. Click here to read more.

Knowledge Check: True or False? All mortgage interest is tax deductible. Keep reading for the answer.

Recipe: Chicken Marsala. This classic Italian dish is the perfect stay-at-home Valentine's dinner, but easy enough to make any night of the week. Buon appetito! Click here to read more.

Knowledge Check Answer: False! You can deduct up to a certain amount of mortgage interest if you itemize deductions, but not if you take the standard deduction. The amount you can deduct depends on your filing status, loan amount, and when you took out your mortgage. To understand this and other homeowner tax deductions, consult a tax professional.*

*This information is for educational purposes only and is not intended as tax advice. We are not tax advisors or preparers. Consult a tax professional for more information.

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