Buying College Tuition Price Renovation 
Savings Corner
APRIL 4, 2024
If you qualify for the best rates, a HELOC can be a less expensive way to consolidate debt or finance a home renovation. Possible tax-deductible interest Even after the Tax Cuts and Jobs Act of 2017, you can still deduct interest paid on a HELOC if you use the money for home renovations. Should you get a HELOC?
Savings Corner
APRIL 4, 2024
Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. You can deduct the interest (up to the limit) if the home equity loan is used to “buy, build or substantially improve” the property. households possess a collective $32.6
Expert insights. Personalized for you.
40 
Let's personalize your content