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Hal_Al
Level 15 Hal_Al
Level 15
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Deductions & credits

No.  That's not utilities.

 

A second question would be can I deduct the loan interest.  Probably.  It would have to qualify as a 2nd mortgage.  Home improvement loans usually qualify. See rules at https://www.irs.gov/publications/p936

 

 

Other references:

https://www.rocketmortgage.com/learn/mortgage-interest-deduction#:~:text=What%20Is%20The%20Home%20Mo....

https://www.energysage.com/solar/financing/secured-or-unsecured-solar-loan/#:~:text=Many%20secured%2....

 

‎January 17, 2021 4:40 AM
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