Home equity loan can help at tax time - 2005-03-28
April 15 is closing in -- an annual reminder for many taxpayers that they need to put their financial houses in order this year so they can lower next year's tax bill.

Like the interest on home mortgages, interest on home equity loans and lines of credit may be tax-deductible. To find out, talk to your tax advisor.
Read the full story at Fergus Falls Daily Journal

Home Loans: Give and take - 2005-03-28
Low mortgage interest rates made 2004 another banner year for mortgage refinancing, and home-equity borrowing in the United States reached a record-high level last year, according to a recent study.

Yet many borrowers aren't aware they might not be able to deduct all the interest they pay on home equity loans. That would depend on how much they borrowed and what they used the money for. Taxpayers subject to the Alternative Minimum Tax face stricter limitations on what they can deduct.
Read the full story at Wilkes Barre Times-Leader