The Home Equity Line of Credit (HELOC) Interest Deduction: What You Should Know Before Filing Taxes

By on January 26, 2016

As tax season swings into full gear, you may be preparing your own taxes and wondering what you can and cannot deduct. One such deduction seems so simple at the concept level, yet the IRS nevertheless succeeded in overcomplicating matters. The deduction I’m speaking of is the Home Equity Line of Credit (HELOC) interest deduction. […]

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