kwlamm1961
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That should read "my 1st home"
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Hello,This is where I am getting conflicting answers.The funds were used to purchase another home which I have now moved to. My 2st home, which secured the loan...
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Thank you so much for your response. I was hoping I could use that interest!
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Also, I will have a mortgage on the home I purchased with the HELOC funds (that I am currently living in) even when my 1st house is sold and I pay the HELOC off...
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This is the confusing part to me. The house I am selling was the collateral for the HELOC. I used the HELOC funds ($400,000) to purchase the house I moved to in...
Activity Feed for kwlamm1961
- Posted Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used ... on Deductions & credits. 3 weeks ago
- Cheered Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used as a bridge loan to purchase another house until the first house sales. for Opus 17. 3 weeks ago
- Cheered Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used as a bridge loan to purchase another house until the first house sales. for AmeliesUncle. 3 weeks ago
- Cheered Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used as a bridge loan to purchase another house until the first house sales. for Opus 17. 3 weeks ago
- Posted Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used ... on Deductions & credits. 3 weeks ago
- Cheered Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used ... for Mike9241. 3 weeks ago
- Posted Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used as a bridge loan to purchase another house until the first house sales. on Deductions & credits. 4 weeks ago
- Posted Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used ... on Deductions & credits. 4 weeks ago
- Posted Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used ... on Deductions & credits. 4 weeks ago
- Posted Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used ... on Deductions & credits. 4 weeks ago
- Posted Re: Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used ... on Deductions & credits. 4 weeks ago
- Posted Can I deduct the funds I received from a HELOC to purchase another house. The Heloc was used as a bridge loan to purchase another house until the first house sales. on Deductions & credits. 4 weeks ago
- Posted Where do i enter gambling winnings on va return? on Get your taxes done using TurboTax. January 30, 2024 2:32 PM