topic I put a 15 year mortgage on my pad off primary residence to pay off some debt. Is that the same as pulling cash out although the cash went directly to creditor's? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/i-put-a-15-year-mortgage-on-my-pad-off-primary-residence-to-pay-off-some-debt-is-that-the-same-as/01/275087#M116675 Sun, 02 Jun 2019 02:58:40 GMT rodeothor 2019-06-02T02:58:40Z I put a 15 year mortgage on my pad off primary residence to pay off some debt. Is that the same as pulling cash out although the cash went directly to creditor's? https://ttlc.intuit.com/community/taxes/discussion/i-put-a-15-year-mortgage-on-my-pad-off-primary-residence-to-pay-off-some-debt-is-that-the-same-as/01/275087#M116675 Sun, 02 Jun 2019 02:58:40 GMT https://ttlc.intuit.com/community/taxes/discussion/i-put-a-15-year-mortgage-on-my-pad-off-primary-residence-to-pay-off-some-debt-is-that-the-same-as/01/275087#M116675 rodeothor 2019-06-02T02:58:40Z Yes this is same as taking some cash out, and it does not... https://ttlc.intuit.com/community/taxes/discussion/yes-this-is-same-as-taking-some-cash-out-and-it-does-not/01/275088#M116676 <P>Yes this is same as taking some cash out, and it does not matter that it used to pay creditors.<BR /></P> Sun, 02 Jun 2019 02:58:41 GMT https://ttlc.intuit.com/community/taxes/discussion/yes-this-is-same-as-taking-some-cash-out-and-it-does-not/01/275088#M116676 MichaelL1 2019-06-02T02:58:41Z