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Is a HELOC Still Tax Deductible?

Is a HELOC Still Tax Deductible?

The 2018 tax code brought about a lot of opportunities for real estate investors. And since we’re big proponents of using a home equity line of credit for investing, we’ve gotten this question a lot recently: is a HELOC still tax deductible?

In this video, I’m discussing how changes to the tax code affect HELOCs. You’ll learn what has changed in the policy, and what this means for investors.

I’ll speak more in-depth about how the tax code changes effect real estate investors. I’ll discuss whether or not investing with a HELOC is still worth it, and discuss its other benefits. Press play to learn more about deducting interest from a HELOC!

Show notes: http://morrisinvest.com/episode294

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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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