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tax refund on mortgage if retired and no longer working. can

Posted on: 01st Apr, 2012 07:36 am
as mentioned above we are bith 71, retired, and do not work. we are on fixed incomes. can we receive a tax refund at all? such as from mortgage pymts.?
Hi billjan,

Well, I don't know much about tax refunds from mortgage payments. Nevertheless, you can contact a tax advisor and take his opinion in this regard. However, if you have equity in your property, then you can go for a reverse mortgage.

Thanks
Posted on: 01st Apr, 2012 08:06 pm
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