They Followed Bad Advice and Borrowed $50K They Didn’t Need

finance.yahoo.com/news/followed-bad-advice-borrowed-50k-143857890.html

Quick Read
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HELOCs do not qualify for tax deductions unless funds are used for substantial home improvements under current law.
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A couple borrowed $50,000 through a HELOC based on false advice about tax benefits that ended in 2017.
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Paying interest to generate a smaller tax deduction…

This story appeared on finance.yahoo.com, 2025-11-22 14:38:57.
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