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Level 1
June 1, 2019
Question

Installment loan for a deck is it deductible?

  • June 1, 2019
  • 1 reply
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I took out an installment  loan for the addition of a deck on my home, is that interest deductible?

1 reply

DoninGA
Level 15
Level 15
June 1, 2019

A Personal loan interest is not deductible on a tax return.  If the loan was not secured by your personal residence the interest on the loan is not deductible.