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HELOC on a home purchased before 2017
I purchased a house in 2017, the remaining mortgage principal as of January 2022 was $800,000.
In 2022, I took a $200,000 loan (HELOC) and used it to improve my home.
Is the mortgage interest on my second loan ($200k) tax deductible?
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‎January 30, 2023
2:52 PM