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Dec 22, 2017 … Update March 19, 2018: At the end of February, the IRS issued a statement announcing that interest paid on home equity loans is still …

"The Tax Cuts and Jobs Act of 2017, enacted Dec. 22, suspends from 2018 until 2026 the deduction for interest paid on home equity loans and lines of credit, unless they are used to buy, build or …

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Mar 16, 2018 … With the new GOP Tax Plan now in effect for 2018 many people are wondering, “ Can I still deduct my home equity line of credit? Should I …

Mar 9, 2018 … The I.R.S. says that if the loan is used for home improvements, you can still claim the deduction. But if you're paying off credit card debt, you …

Oct 26, 2019 … To qualify for the deduction, the loan money must be for IRS-approved use: namely, … New Rules for Deducting Home Equity Loan Interest.

Jan 3, 2020 … When using a home equity loan for home improvements, the interest is tax- deductible up to a certain limit. Here's how to claim the deduction.

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