Maine’s long-term homeowners face growing tax bills on equity gains. Outdated federal limits are quietly reshaping the market ...

Since 2017, taxpayers have been able to deduct interest on up to $750,000 worth of qualified home equity loans (if married, ...

Home equity loan users who used their equity for select home repairs in 2024 may be able to deduct that interest when they calculate their tax return. natalia gdovskaia/Getty Images ...

Home equity rates seem to be on summer vacation. The average rate on a $30,000 home equity line of credit (HELOC) remained at ...

Interest paid on a home equity loan may be tax-deductible if used for IRS-approved reasons. Getty Images/iStockphoto The deadline for filing your 2022 taxes is just weeks away (April 18, to be exact).

The Hidden Home Equity Tax Straining Families For Staying In House Too Long. According to Realtor, roughly 1-in-3 homeowners—approximately 29 million households—have built up more home equity ...