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Tax Deductions For home mortgage interest Under TCJA – · Tax deductions for home mortgage interest under the Tax Cuts and Jobs Act of 2017, including changes in the deductibility of acquisition and home equity indebtedness.. purpose. (And in either case, the property must actually be used as a residence, and not as investment or rental property.). He decides to take out a $40,000 home equity.
HELOC for Investment Property (Texas) – REIClub – I have residential investment property in Texas that I own free and clear and would like to tap into the equity via HELOC. Property is an income producing asset.