Learn how HELOC interest can be tax-deductible when used for home improvements, and understand the IRS rules and limitations ...

Since 2017, taxpayers have been able to deduct interest on up to $750,000 worth of qualified home equity loans (if married, filing jointly); $375,000 if single or married, filing separately). The ...

Like a home equity loan, a Heloc is a type of debt based on how much value you’ve built in your house. However, a Heloc is a ...

Dear Liz: I am doing a small remodeling job to my home that will cost $80,000. I have enough in my investments to withdraw the $80,000. Is it better, tax wise, to get a home equity loan to pay for it?

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

As the year comes to a close, homeowners have a lot to celebrate, especially when it comes to year-end tax benefits.