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Mortgage and Home Equity Loan Interest Changes Beginning January 1, 2018

  • cpaboca1040
  • Jul 1, 2018
  • 1 min read

Interest on a home equity loan is no longer deductible. Interest on a new home mortgage is limited to interest paid on a maximum of $750,000. Existing mortgages remain at the $1 million maximum.


 
 
 

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