Is it allowed to take of interest on home equity loan taken from rental property to pay off down payment on a primary residence?
What are the otherwise limits of home equity interest deduction?
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Is it allowed to take of interest on home equity loan taken from rental property to pay off down payment on a primary residence?
What are the otherwise limits of home equity interest deduction?
Home Equity interest is deductible based on the amount, not what its used for.
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