Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply presented by

User Stats

150
Posts
527
Votes
Kaylee Walterbach
  • Denver, CO
527
Votes |
150
Posts

Is HELOC interest a deductible expense?

Kaylee Walterbach
  • Denver, CO
Posted

Hey! I used a HELOC for property expenses. Is the interest on that HELOC a deductible expense against that property's income?

  • Kaylee Walterbach
  • [email protected]
  • Most Popular Reply

    User Stats

    151
    Posts
    114
    Votes
    Joseph Palmiero
    • CPA
    • Pennsylvania
    114
    Votes |
    151
    Posts
    Joseph Palmiero
    • CPA
    • Pennsylvania
    Replied

    Yes, assuming that the proceeds were used for that rental property.

    business profile image
    Palmiero CPA, LLC
    5.0 stars
    1 Review

    Loading replies...