Thread: Home and Auto Home Equity loans
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Old 07-21-2017, 09:32 AM   #9
BlackHelicopters BlackHelicopters is offline
Spiraling down the Drain
 
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Join Date: Oct 2012
Location: Dante's Ninth Circle
Casino cash: $-739412
The interest deduction is the only advantage, but a huge one. When I started my business in 1991, I had a HELOC. HUGE help. Paid off disgusting student loans. A $ 250,000 adventure. The student loan interest deduction was eliminated in 1987 or 1988, just as I was entering graduate school. Sucks.
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