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Home loans
@Carl wrote:If you only used part of the funds for real estate, then you can only claim the interest paid on that portion of funds used for that purpose.
I took out a HELOC in 2017 part of which was used for home improvements (new furnace and AC) and other part not related to home improvement. I have the 1098 for the HELOC showing the total interest paid in 2018 but how would I calculate how much I can claim? Thanks in advance,
‎February 2, 2019
11:53 AM