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Tag: home equity loan

Ask The Taxgirl: Are Home Equity Loans Still Deductible?

Ask The Taxgirl: Are Home Equity Loans Still Deductible?

Kelly Phillips ErbNovember 20, 2019

Taxpayer asks: In September 2017 we refinanced our house to pay off crushing credit card debt we incurred during the recession and could not hope

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IRS Issues Guidance On Home Equity Loan Interest After Tax Reform

Kelly Phillips ErbFebruary 22, 2018July 27, 2022

Taxpayers and tax professionals had questions about what the new tax law meant for homeowners with debt. Today, the Internal Revenue Service (IRS) finally issued guidance concerning deducting interest paid on home equity loans.

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