Interest on Home Equity Loans Often Still Deductible Under new Law

Interest on Home Equity Loans Often Still Deductible Under new Law

Interest on Home Equity Loans Still Deductible Under New Law   The Internal Revenue Service today advised taxpayers that in many cases they can continue to deduct interest paid on home equity loans. Responding to many questions received from taxpayers…

 The $10,000 SALT Limit and the Rental Real Estate

The $10,000 SALT Limit and the Rental Real Estate

The $10,000 SALT Limit and the Rental Real Estate                 Under the recently enacted Tax Cuts and Jobs Act, State And Local Tax (SALT) deductions are limited to $10,000.  How does this affect the individual taxpayer? QUESTION:  Are SALT payments…