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Are home equity loans tax-deductible?
Bankrate via AOL· 5 months agoKey takeaways Joint filers who took out a home equity loan after Dec. 15, 2017, can deduct interest on up to $750,000 worth of qualified loans ($375,000...
What are cash-out refinance tax implications?
Bankrate via AOL· 1 week agoKey takeaways By tapping your home equity, cash-out refinancing can help you fund major expenses, like a home renovation. The proceeds from a cash-out...
How a HELOC can advance your business
Bankrate via Yahoo Finance· 7 months agoKey takeaways HELOCs are secured loans, offering more flexible repayment periods and competitive interest rates than many other types of business...
Should you use a HELOC to pay off your mortgage?
Bankrate via AOL· 2 months agoKey takeaways Using a HELOC to pay off your mortgage can be a strategic move, especially if you have a lot of equity in your home and a small outstanding...
How much does a home addition cost? 2024 estimates
Bankrate via AOL· 13 hours agoKey takeaways Home additions are time intensive and pricey, easily hitting six figures. Zoning and local regulations will impact the scope of your...
Can you get a HELOC on an investment property?
Bankrate via AOL· 3 months agoA home equity line of credit (HELOC) on an investment property is a loan taken out against a piece of real estate that you use to earn income or a...
What are the pros and cons of home equity loans? A homeowner’s guide
Bankrate via AOL· 1 month agoKey takeaways The benefits of a home equity loan include consistent monthly payments, lower interest...
Best uses for a home equity line of credit (HELOC)
Bankrate via AOL· 1 month agoKey takeaways A home equity line of credit (HELOC) is a popular and versatile way for homeowners to access cash by borrowing against the equity in their...
With recession looming, more Americans tap retirement funds for cash. But is it a good idea?
USA TODAY via Yahoo Finance· 1 year agoAmericans feeling the pinch of high inflation are raiding their retirement savings, an ominous sign...
Should I use a home equity loan to buy a car?
Bankrate via AOL· 5 months agoKey takeaways Generally, you shouldn’t use a home equity loan or HELOC to buy a car. Although they may offer longer terms and lower monthly payments,...