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I Was Told to Take Out a HELOC for Tax Write-Offs, but Now I’m Questioning It
247wallst.com/personal-finance/2025/11/23/i-was-told-to-take-out-a-heloc-for-tax-write-offs-but-now-im-questioning-it
Quick Read
The Tax Cuts and Jobs Act of 2017 eliminated the mortgage interest deduction for home equity loans unless funds are used to improve the home.
Paying interest to gain a tax deduction rarely makes mathematical sense because the interest cost exceeds the tax savings.
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This story appeared on 247wallst.com, 2025-11-23 14:39:46.