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Deductions & credits
Lets say you get a heloc and you make a 25k draw to lock in the 'introductory' rate. For example, you draw it as cash into a checking account then pay for home improvements using that checking account, does that sill count? If so what kind of documentation would I want to save here? I'd hate to lock in a introductory rate, only to find its not tax deductible.
‎April 26, 2025
12:57 PM