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

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

所有跟帖： 

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

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

• 回复：For interest on first $100,000 balance it is tax deductable -ZhangZhouDaTou- ♀ (0 bytes) () 09/01/2012 postreply 10:11:31