Is a HELOC Still Tax Deductible?
The 2018 tax code caused numerous alternatives for actual property traders. And since we’re large proponents of utilizing a house fairness line of credit score for investing, we’ve gotten this query so much not too long ago: is a HELOC nonetheless tax deductible?
In this video, I’m discussing how adjustments to the tax code have an effect on HELOCs. You’ll study what has modified within the coverage, and what this implies for traders.
I’ll communicate extra in-depth about how the tax code adjustments impact actual property traders. I’ll talk about whether or not or not investing with a HELOC remains to be price it, and talk about its different advantages. Press play to study extra about deducting curiosity from a HELOC!
Show notes: http://morrisinvest.com/episode294
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