Is Home Equity Line of Credit Interest Tax Deductible?

by HomeLoan.com
Home equity lines of credit that are secured by a primary residence or a second home are tax deductible as long as the legal limit isn't reached. The current limit for deductible home debt on first and second homes is $500,000 for a couple filing separately or $1 million if filing jointly.


Featured Articles

Copyright © 2017 HomeLoan.com