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HELP WITH HELOC

Posted on: 18th Mar, 2007 01:17 pm
Are HELOCS Tax deductible? If so, is there a max? When is a HELOC not tax-deductible?
as far as i know, the taxes are deductible on a second mortgage. however, this is applicable only if you don't borrow more than $100,000. in case you borrower more than $100,000, you will be able to deduct it depending on how you use the funds.
Posted on: 07th Jun, 2010 03:05 am
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