Is a HELOC tax-deductible?
Homeowners who used a HELOC last year may be able to deduct the interest when they file their return. Here's what to know.
Matt Richardson is the managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Previously, he worked as a senior editor for FoxNews.com and FoxBusiness.com. A former sports reporter, Matt covered professional boxing in New York City for 18 years. He is the former Vice President and Secretary for the Boxing Writers Association of America (BWAA) and is an elector for the International Boxing Hall of Fame. He has a master's degree in journalism from Columbia University.
Homeowners who used a HELOC last year may be able to deduct the interest when they file their return. Here's what to know.
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