Posted on: 25th May, 2010 09:24 pm
If I get a reverse mortgage, will that be taxed as income?
No, a reverse mortgage is not taxable as income. It is a loan on your house, and loans are not considered taxable income.
For additional information about reverse mortgages, you can visit "www.seniorlending.net"
[Link deactivated as per forum rules. Thanks.]
For additional information about reverse mortgages, you can visit "www.seniorlending.net"
[Link deactivated as per forum rules. Thanks.]