24/7 Wall St. on MSN

Dave Ramsey: ‘There’s No Such Thing as a Tax Write-Off on a HELOC’

Quick Read Home equity loan interest is only tax deductible when funds directly improve the property securing the loan. The 2017 Tax Cuts and Jobs Act eliminated most HELOC interest deductions for non ...
24/7 Wall St. on MSN

Dave Ramsey: ‘There’s No Tax Write-Off for a HELOC’ When Used for Everyday Spending

Quick Read The 2017 Tax Cuts and Jobs Act eliminated HELOC interest deductions except for substantial home improvements. A ...