Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
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

presented by

User Stats

2
Posts
0
Votes
Liza Henty-Clark
0
Votes |
2
Posts

HELOC interest deductible? down payment for investment property

Liza Henty-Clark
Posted

I am hoping someone with professional or personal experience in this area might have some insight. We are in contract on a triplex investment property and are planning on using HELOC funds from our former primary residence (now a rental) for the down payment. Will the interest we pay on the HELOC be deductible as a rental expense against the new investment property rental business? To possibly make matters more complicated, one of the units in the triplex will be a long-term rental, and two of the units will be for a short-term rental business (Airbnb). Thanks!

Loading replies...