Interest on Home Equity Loans continues to be Deductible, however with a huge Caveat

The attention paid on that home equity loan may nevertheless be income tax deductible, in many cases. Numerous taxpayers had feared that the new income tax law — the Tax Cuts and work Act of 2017, enacted in December — ended up being the death knell for deducting interest from your home equity loans and credit lines. The loans are derived from the equity at home, and so are guaranteed by the...
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