Vanessa A
Expert Alumni

Investing

Yes and no.  Tax wise, yes, if you have a mortgage, your interest will offset your income which will result in lower taxes.

 

At the same time, if you are paying mortgage interest, you would actually have less profit because you are paying interest. 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"