Nearly half of Florida homeowners risk losing equity to hidden taxes. A frozen federal cap is turning profit into liability ...

Home equity loan users who used their equity for select home repairs in 2024 may be able to deduct that interest when they calculate their tax return. natalia gdovskaia/Getty Images ...

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

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 ...

The Tax Cuts and Jobs Act eliminated the deduction for home equity indebtedness. However, the IRS makes an exception if the loan proceeds were used to “buy, build or substantially improve” the ...

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 ...

Will Florida ditch property taxes as home prices surge? By . Emily Davis. Published March 20, 2025, 3:00 p.m. ET. Soaring home coasts are driving Florida legislators to propose radical solutions.

However, home equity loan interest is sometimes tax deductible. Here’s what you should know about deducting home equity loan interest on your taxes, including who is eligible and what forms are ...

Too often Florida new home buyers are surprised by the increase in property taxes triggered by the purchase. A sale of a Florida home can trigger a larger than expected property tax bill for the ...