Are home equity loans tax deductable?

Tags:,

2

Home equity

Related solution post:

  1. Are home equity loans tax deductable?
  2. How tax deductible are charitable donations and home equity loans?
  3. Are home equity loans tax deductible?
  4. When is interest on a home equity loan tax deductable?
  5. Is a Home Equity Line of Credit or Home Equity Loan used to buy a second home tax deductible beyond $100,000?

Comments (2)

raysor said on 12-03-2010

I wouldn’t have thought so. On what basis?
Steve D said on 12-03-2010

Yes, the interest on an equity or HELOC is deductible as long as the loan is taken on a primary residence.

Post a comment