1.0Conner Ashhttps://www.connerash.com/blogSuzanne Watsonhttps://www.connerash.com/blog/author/swatsonconnerash-com/Mortgage Interest Deduction - Conner Ashrich600338<blockquote class="wp-embedded-content" data-secret="BVL87nOdRI"><a href="https://www.connerash.com/blog/mortgage-interest-deduction/">Mortgage Interest Deduction</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.connerash.com/blog/mortgage-interest-deduction/embed/#?secret=BVL87nOdRI" width="600" height="338" title="“Mortgage Interest Deduction” — Conner Ash" data-secret="BVL87nOdRI" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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Married taxpayers filing jointly may deduct interest on a mortgage of up to $750,000 in principal. The deduction is limited to half for married filing separate taxpayers. Interest on home equity loans, home equity lines of credit (HELOCs), and second mortgages may be deducted only when used to buy, build, or substantially improve the taxpayer’s … Continue reading ""