we are 22 years into a 30 mortgage on a coop. we are also considering transfering it into a trust -
1) shall we pay it off and transfere it at the same time? there must be some advangtages to doing both at once.
2) are there really andy tax advantages to not paying off the mortgage? - the apt has increased in value 8 times over what we paid for it - maybe the interest is now so low it makes sense to just pay it off?
all input welcome - thanks.
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