Can I use the interest paid in 2018 on my home equity loan on my 2018 tax return if I purchased a car with that loan ?

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But the loan is a home equity loan that I have with a bank, except for me, nobody knows what I'm using the money for. There is no reference or record on the loan as to what I'm using the money for.

[MichaelL1 · Accepted solution]

The loan or line of credit must be used to buy, build or substantially improve your home. This is a new requirement for tax years 2018 through 2025.