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Old 04-04-2015, 01:53 PM
 
959 posts, read 1,017,608 times
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1. if i buy a house and it closes today, can i go ahead and apply and get a home equity loan tmr? or is there a waiting period?

2. tax deduction - is all the information here correct and up to date? https://www.libertytax.com/tax-resou...ax-deductions/
i can only deduct first 100k and only first 2 homes?

//EDIT: house bought in 100% cash

Last edited by unknown00; 04-04-2015 at 02:17 PM..
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Old 04-04-2015, 01:56 PM
 
Location: Phoenix, AZ > Raleigh, NC
14,333 posts, read 17,552,973 times
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Publication 936 (2014), Home Mortgage Interest Deduction

Then hire an accountant.
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Old 04-05-2015, 11:50 AM
 
Location: Southern California
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No waiting period is necessary.
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