Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply
![Andrey Y.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/235311/1627095352-avatar-re3irth.jpg?twic=v1/output=image/crop=1193x1193@0x140/cover=128x128&v=2)
Is my HELOC interest deductible for 2018?
I am sure this was probably answered somewhere on this forum, but I was unable to find it.
I took out a HELOC for $51K, and have payed IO payment on it during all of 2018. Not sure exactly what I used this money for, since I had cash in several accounts and didn't specifically earmark this $51K for any specific investment. I know I didn't improve/CapEx in my own home (I rent where I live). But I did use it for investment purposes - such as investing in a property or an apartment syndication. Is this interest deductible on my 2018 taxes. Thanks for taking your Friday (and weekend) to answer my question!
Most Popular Reply
![Lance Lvovsky's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/145070/1638913908-avatar-lancebvs.jpg?twic=v1/output=image/crop=4016x4016@974x0/cover=128x128&v=2)
@Andrey Y.
Interest needs to be traced to determine deductibility. Under interest tracing rules if used for business or investment then deductible.