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hgtc
Level 5
December 7, 2019
Solved

Is existing home equity loan (before 2017) interest still tax deductible in 2018?

  • December 7, 2019
  • 4 replies
  • 13 views

client has this old equity loan of $100k since 2013.  This equity loan was not for home improvement.  For 2018 tax return, is loan interests paid to this equity loan still tax deductible?

    This topic has been closed for replies.
    Best answer by sjrcpa

    No

    4 replies

    sjrcpa
    sjrcpaAnswer
    Level 15
    December 7, 2019

    No

    The more I know the more I don’t know.
      H
      hgtcAuthor
      Level 5
      December 7, 2019
      thank you.
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