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Tag Archives: Deducting Home Equity Loan Interest Payments

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Deducting Home Equity Loan Interest Payments

By Ronald Cutler, P.A. |

Responding to a number of questions receive from taxpayers, the IRS officially announced that despite the recently enacted restrictions on home mortgages, many taxpayers can continue to deduct interest paid on their home equity loans, second mortgages, and home equity line of credit, regardless of how the loan is actually labeled. To speak with… Read More »