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Deductions & credits
if you financed the house without a mortgage, about the only deduction available is for the real estate taxes.
lf the 401K monet was a loan from the account and you're paying interest it's unlikely the interest would be deductible because that loan would have to be secured by that property and the security instrument would need to be recorded in accordance with state and local laws.
‎February 13, 2024
12:53 PM