Law Offices of Robert M. Kaplan, P.C.
Schaumburg Family Law Attorney
We have moved to a new office at 1901 N. Roselle Road, Ste 800, Schaumburg, IL 60195
 If you have any questions about future appointments or our move, please give us a call at (847) 845-9477 or email us at rmkap@robertkaplanlaw.com

Is home equity loan interest still deductible?

Numerous IRS regulations have been released during the past year clarifying the Tax Cuts and Job Acts of 2017 (“TCJA”). For example, home equity loan interest will be deductible, despite what appears to be clear language in the TCJA that it is not deductible if the home equity line is utilized for a capital improvement to a residence. Additional IRS rules and regulations will continue to be released related to the TCJA. We are available for tax planning and advice throughout the year.

Contact Our Schaumburg Law Firm

If you have a quick question about the law or how it applies in your case, please feel free to call us at no charge. 

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