b2cperson
New Member

Is interest from Unsecured loan to build an inground pool deductible

In 2015 we got an unsecured loan to build a permanent in ground pool. The work was all completed in 2015. Can I deduct the interest paid in 2015 since this was an improvement to our home? This was not a home equity loan, instead it was from a private lender and was unsecured.