thenics1
Returning Member

If I withdrew $38,500 from joint HELOC in 2016 to payoff my ex as part of our divorce settlement is the interest deductible since i used it to buy out his ownership?

If I withdrew $38,500 from joint HELOC in 2016 to payoff my ex as part of our divorce settlement is the interest deductible since i used it to buy out his ownership?