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Home equity loan vs line of credit loan? |
Does anyone know if a home equity loan is somewhat deductible on income tax? ya its is deductible Source(s): http://www.getmaxloan.com/home-equity-lo... i think the interes is on the first 12 months It is important that if you ask a question about such a difficult subject (these are extremely difficult subjects) that you tell us at least what you want to use the information for. yes the interest paid on a home equity loan will be tax deductible depending on what u use the heloc on, please check with your local tax accountant to see. |
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