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Business, 14.06.2021 18:40 ashley6752
William took out a $440,000 mortgage to purchase his personal residence. The residence is worth almost $1 million, and William wants to take out a $200,000 second mortgage and use the proceeds to consolidate his credit card debt. William can deduct the interest he pays on both mortgages.
a. True
b. False
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William took out a $440,000 mortgage to purchase his personal residence. The residence is worth almo...
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