Strategic Tax Tips - February 28, 2018

Chad Hassinger |

By Colleen M. Henes, CFP®, JD
Financial Advisor, Advanced Planning

February 28, 2018

We have been receiving a lot of questions on whether the interest on your second mortgage or home equity line of credit (HELOC) is deductible under the new Tax Cuts and Jobs Act enacted in December 2017. Click here for information from the IRS that sets forth the various restrictions, along with examples.

Unless otherwise expressly indicated, the opinions or views expressed in this article are the author's own and do not reflect, and may differ from, the opinions or views of Strategic Financial Group, LLC or others within Strategic Financial Group, LLC, including its officers, managers, owners, employees or other service providers.