For many American homeowners, refinancing their mortgage to cowl the prices of renovations is smart. It permits homeowners to live in the home they want, welcome further family members and keep their houses in good condition for future sales. As houses age, they often need repairs or updates to keep up their value. Nearly 30% of homeowners up to date their plumbing, adopted by electrical and residential automation upgrades, in accordance with a latest Houzz survey. Go to IRS.gov/Account to securely access information about your federal tax account. For qualifying debt taken out after December 15, 2017, you can solely…

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