Re: Can the interest above the original loan amount from cash out refi of a rental be deducted using the loan proceeds to help in buying a personal residence?
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Can the interest above the original loan amount from cash out refi of a rental be deducted using the loan proceeds to help in buying a personal residence?
posted
June 9, 20242:49 PM
last updated
June 09, 20242:49 PM
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Can the interest above the original loan amount from cash out refi of a rental be deducted using the loan proceeds to help in buying a personal residence?
For interest on a home to be deductible the loan must be secured by the home.