I am trying to accomplish this for 2020 (next year). Albeit, I can't use either TT or IRS calculators until early January (since both W4 calculators say it's to...
While the primary purpose of this forum is presumably tax advice – and your question specifically mentions “tax benefits”, I would like to offer the among the a...
You wrote: In your case, all your borrowings on the HELOC were used to acquire rental property. Therefore, the interest paid on the debt could be considered pa...