Yes, you can still deduct interest on your home equity loan …
Yes, you can still deduct interest on your home equity loan …
The new tax law has created a lot of confusion over whether tax filers may still deduct the interest they pay on home equity loans and lines of credit. The IRS says that you can, but only if the money is used to improve your home.
Source: Home mortgage rates and real estate news – CNNMoney.comNew feed