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Updated over 6 years ago,
HELOC interest deduction - agingt Investment Property - In 2018
Dear all,
I have a rental unit which is 100% owned by me (no loan against it) and is worth 140 k. I want to know, if i get HELOC
against it and use those funds to buy another investment property - will the interest on HELOC will be tax deductible
under new tax law in 2018?
** Note: HELOC against investment property not primary residene **
Thanks