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Is existing home equity loan (before 2017) interest still tax deductible in 2018?

hgtc
Level 4

client has this old equity loan of $100k since 2013.  This equity loan was not for home improvement.  For 2018 tax return, is loan interests paid to this equity loan still tax deductible?

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sjrcpa
Level 15
4 Comments 4
sjrcpa
Level 15

No


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hgtc
Level 4
thank you.
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IRonMaN
Level 15
I got a little confused in that lengthy answer, but after reading it 5 times, it finally sunk in.

Ukraine - hang in there
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sjrcpa
Level 15
You're welcome

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