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Tax, SDIRAs & Cost Segregation

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Jennifer Van vlymen
  • Thousand Oaks, CA
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New tax law on HELOC

Jennifer Van vlymen
  • Thousand Oaks, CA
Posted Jan 17 2019, 19:26

Looking for answers about HELOC

live in California

With the new tax law in 2019

My husband and I have enough equity in our house to pull out a HELOC was wondering if it's still taxable if we use it towards the purchase of a property investment we already have a property investment but that was bought in 2018 are we allowed to write off the interest on a new investment in 2019?

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