Your home is a big investment, and for many homeowners, it's their largest. If you're trying to meet the money goals you've set to solidify your financial future, though, you could be trying to free up cash to make other types of investments. And, while it makes sense to try and find room in your budget to allocate more toward investing, you may have other options.
Access more investment capital using your home equity today. The tax implicationsIf your investment is profitable, you may need to pay capital gains taxes on your profits. As such, be sure to factor in the potential cost of any tax implications that could arise when determining whether to tap into your home's equity for investing purposes.
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