Pro and Cons of Home Line of Equity on a Rental Property

来源: LuLu6667 于 2012-09-01 06:12:19 [] [旧帖] [给我悄悄话] 阅读数 : (126 bytes)

The Line of credit is based on personal income from a regular job. For tax purpose, how should the interest be treated?

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• nothing, like credit card interest. -halfdummy- ♂ 给 halfdummy 发送悄悄话 (0 bytes) () 09/01/2012 postreply 07:58:05

• May be you are right (see:) -halfdummy- ♂ 给 halfdummy 发送悄悄话 (208 bytes) () 09/10/2012 postreply 09:02:39

• 回复：For interest on first $100,000 balance it is tax deductable -ZhangZhouDaTou- ♀ 给 ZhangZhouDaTou 发送悄悄话 ZhangZhouDaTou 的博客首页 (0 bytes) () 09/01/2012 postreply 10:11:31

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