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 Outdated federal limits are quietly reshaping the market ...

In Maine and 12 other states, local governments have the ability to steal the equity you’ve built in your home or property over unpaid taxes. Imagine owing $8,000 in unpaid property taxes to a ...

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

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

Those small tax debts add up to significant losses for property owners. A 2022 PLF study estimated that, between 2014 and 2021, U.S. homeowners lost at least 8,600 homes and more than $780 million to ...

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).

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 ...

Tax time is hard, but there’s some good news: If you used a home equity loan for home renovations or improvements, you’re in for a deduction. Alix is a former CNET Money staff writer. She also ...