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Is interest deductible for HELOC (secured by primary residence) to build physically detached building on same property.Max timeframe from building to taking out HELOC?Thx
Question is regarding if the structure being physically detached impacts ability to deduct interest. IRS pub seems to address improvements attached to home. Also wondering re: max timeframe to take out loan before/after building project as not addressed in IRS publication. Thanks.
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‎June 21, 2025
6:26 PM