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Home Equity Loans

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Icon Mini Profile annpiaq





Joined: 29 May 2010

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Post Posted: Sat May 29, 2010 11:15 am    Post subject: Home Equity Loans
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Are closing costs and interest, tax deductible on a Home Equity loan on a home located on Long Island, New York?
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Sun May 30, 2010 10:07 pm    Post subject:
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Welcome annpiaq,

As far as I know, closing costs are tax deductible. You can contact a New York based tax advisor and he will help you in getting more information in this matter.

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