In 2018 will the interest on a home equity loan be deductible on your taxes if you do not have a first mortgage?

[sab1230 · Accepted solution]

Home Equity Interest will still be deductible in 2018.  However the standard deduction has been increased to 24,500 for a married filing joint return.  Therefore your interest plus your itemized deductions must exceed the 24,500 to use the actual itemized deductions.