Zillow Advice: Mortgage Types - are interest payments on a Home Equity Line of Credit (HELOC) always tax deductible? http://www.zillow.com/advice-thread/are-interest-payments-on-a-Home-Equity-Line-of-Credit-HELOC-always-tax-deductible/187480/ Zillow Advice | Zillow Real Estate No.&nbsp; I believe anything ... http://www.zillow.com/advice-thread/are-interest-payments-on-a-Home-Equity-Line-of-Credit-HELOC-always-tax-deductible/187480/ No.&nbsp; I believe anything over 125K of the heloc is not, unless tax laws have changed--unless the HELOC was for the acquisition of the home. Mon, 12 Jan 2009 03:48:00 GMT http://www.zillow.com/advice-thread/are-interest-payments-on-a-Home-Equity-Line-of-Credit-HELOC-always-tax-deductible/187480/ 2009-01-12T03:48:00Z Not always and they have ... http://www.zillow.com/advice-thread/are-interest-payments-on-a-Home-Equity-Line-of-Credit-HELOC-always-tax-deductible/187480/ Not always and they have a cap/lmits. See a CPA. Mon, 12 Jan 2009 03:00:00 GMT http://www.zillow.com/advice-thread/are-interest-payments-on-a-Home-Equity-Line-of-Credit-HELOC-always-tax-deductible/187480/ 2009-01-12T03:00:00Z You should talk to a knowledgeable ... http://www.zillow.com/advice-thread/are-interest-payments-on-a-Home-Equity-Line-of-Credit-HELOC-always-tax-deductible/187480/ You should talk to a knowledgeable CPA who can give you tax advice regarding your <a href="http://www.zillow.com/Mortgage_Rates/">mortgage interest</a> deductions, especially for a second home...... Mon, 12 Jan 2009 02:51:00 GMT http://www.zillow.com/advice-thread/are-interest-payments-on-a-Home-Equity-Line-of-Credit-HELOC-always-tax-deductible/187480/ 2009-01-12T02:51:00Z