Maine’s long-term homeowners face growing tax bills on equity gains. Outdated federal limits are quietly reshaping the market ...

Rep. Marjorie Taylor Greene just introduced a bill to eliminate the home equity tax. Here's what it could mean for millions ...

But home equity borrowers, whether they used a home equity loan or HELOC, have potentially valuable tax deductions to explore before submitting their return. So take the time to understand the ...

Interest paid on a home equity loan may be tax-deductible if used for IRS-approved reasons. Getty Images/iStockphoto The deadline for filing your 2022 taxes is just weeks away (April 18, to be exact).

Home equity rates seem to be on summer vacation. The average rate on a $30,000 home equity line of credit (HELOC) remained at ...

The Hidden Home Equity Tax Straining Families For Staying In House Too Long. According to Realtor, roughly 1-in-3 homeowners—approximately 29 million households—have built up more home equity ...

One of the benefits of a home equity loan or home equity line of credit (HELOC) is that the cash you receive from it does not count as income or capital gains for tax law purposes. However, the ...