The Line of credit is based on personal income from a regular job. For tax purpose, how should the interest be treated?
Pro and Cons of Home Line of Equity on a Rental Property
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nothing, like credit card interest.
-halfdummy-
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09/01/2012 postreply
07:58:05
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May be you are right (see:)
-halfdummy-
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09/10/2012 postreply
09:02:39
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回複:For interest on first $100,000 balance it is tax deductable
-ZhangZhouDaTou-
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09/01/2012 postreply
10:11:31