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Home Improvement Loan Tax Deduction
Last year we completed a large home renovation project and got two loans to finance the project. The first one is a HELOC and the second one is a "Home Improvement Loan" product from a CU (https://www.spectracu.com/products/personal-loans). We got 1098 from the first HELOC loan, but we don't have a similar document from the second loan. We are wondering if the second loan interest can also be deducted from our taxes?
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‎February 9, 2023
8:48 AM