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pjpurvis5
New Member

HELOC interest

I had a HELOC on a property that was in a trust that I was the executor, is that interest deductible?

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3 Replies

HELOC interest

depends what the money was used for.  

pjpurvis5
New Member

HELOC interest

Medical bills and my daughter tuition the previous year

HELOC interest

not deductible because it was not used to substantially improve the residence.

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