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Using HELOC on Rental Property to Fund Improvements to Primary Home
Hi,
We took out a HELOC on a rental property to finance improvements to our primary home. Are we able to deduct this, and, if so, where? Itemized deductions or Schedule E?
There is an old post on this, but wanted to check if there were any changes made in the 3 years since.
Thanks!
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‎January 19, 2022
12:42 PM