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  2. Is HELOC Interest Tax Deductible? - AOL

    www.aol.com/finance/heloc-interest-tax...

    Since the 2018 tax reform law, the tax deductions limits have changed on all mortgage and home equity debt. You can only deduct interest charges on a maximum of $750,000 in residential loan debt ...

  3. Are home equity loans tax-deductible? - AOL

    www.aol.com/finance/home-equity-loans-tax...

    Going forward, joint filers who took out their home equity loan after Dec. 15, 2017, can deduct interest on up to $750,000 worth of qualified loans, while separate filers and singles can deduct ...

  4. Should you use a HELOC to pay off your mortgage? - AOL

    www.aol.com/finance/heloc-pay-off-mortgage...

    Tax disadvantage: If you itemize, your mortgage interest is tax-deductible. Your HELOC’s interest may not be if you’re using it for this purpose — generally, you’d need to be using the ...

  5. 4 ways to get equity out of your home while rates are high - AOL

    www.aol.com/finance/how-to-get-equity-out-of...

    Say your gross monthly income is $5,000 a month, and you typically pay $700 a month to your mortgage, $500 a month to credit cards and $250 a month to a personal loan — a total of $1,450 in ...

  6. Home equity loan or HELOC vs. reverse mortgage: Which is ...

    www.aol.com/finance/home-equity-loan-heloc-vs...

    HELOC pros. Interest may be tax-deductible. Borrow money as needed, paying interest only on actual withdrawals. Interest-only payments possible during initial, draw period.

  7. Pros and cons of a home equity line of credit (HELOC) - AOL

    www.aol.com/finance/pros-cons-home-equity-line...

    Possible tax-deductible interest. Even after the Tax Cuts and Jobs Act of 2017, ... The catch is that they tend to come with higher interest rates than home equity products.

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