May I deduct some of the interest on my HELOC loan if I have used part of the loan to pay for things that were not home improvements?

marathonerdoug · ‎June 6, 2019

SherylSTaxExpert · ‎June 6, 2019

Beginning in 2018, the interest associated with HELOC loans is not deductible. If it was used for home improvements it would be deductible. Here is some addtional info on HELOC loans and the new tax law.

https://ttlc.intuit.com/replies/7090856

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SherylSTaxExpert · ‎June 6, 2019

Beginning in 2018, the interest associated with HELOC loans is not deductible. If it was used for home improvements it would be deductible. Here is some addtional info on HELOC loans and the new tax law.

https://ttlc.intuit.com/replies/7090856

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May I deduct some of the interest on my HELOC loan if I have used part of the loan to pay for things that were not home improvements?

May I deduct some of the interest on my HELOC loan if I have used part of the loan to pay for things that were not home improvements?

May I deduct some of the interest on my HELOC loan if I have used part of the loan to pay for things that were not home improvements?

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May I deduct some of the interest on my HELOC loan if I have used part of the loan to pay for things that were not home improvements?

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May I deduct some of the interest on my HELOC loan if I have used part of the loan to pay for things that were not home improvements?

May I deduct some of the interest on my HELOC loan if I have used part of the loan to pay for things that were not home improvements?

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