News

More Kentucky homeowners are being taxed on decades of equity. Outdated capital gains limits are quietly reshaping the ...
Rep. Marjorie Taylor Greene just introduced a bill to eliminate the home equity tax. Here's what it could mean for millions ...
Home equity borrowers should take the time to understand these three items before filing their tax returns.
After all, interest rates on home equity loans and lines of credit were low, and the interest was usually tax deductible.
Are home equity loans and HELOCs tax-deductible? Strictly speaking, only the interest on a home equity loan or line of credit is tax-deductible, not the loan principal itself.
Is a home equity loan tax deductible? In short: A home equity loan isn't tax-deductible, but the interest the homeowner paid on it may be if they used it for IRS-approved reasons.
Kentucky’s Republican-dominated legislature convened Tuesday to start a 30-day session expected to include action to reduce the state’s individual income tax rate.
The Hidden Home Equity Tax Straining Families For Staying In House Too Long According to Realtor, roughly 1-in-3 homeowners—approximately 29 million households—have built up more home equity ...
Kentucky's Republican-dominated legislature convened Tuesday to start a 30-day session expected to include action to reduce the state's individual income tax rate. GOP lawmakers also will resume ...
Tax time is hard, but there’s some good news: If you used a home equity loan for home renovations or improvements, you’re in for a deduction.
LOUISVILLE, Ky. (WDRB) -- Some Kentucky homeowners will face higher utility bills after the first of the year. There is confusion around the new tax, because it will impact only additional ...
Kentucky’s Republican-dominated legislature convened Tuesday to start a 30-day session expected to include action to reduce the state’s individual income tax rate. GOP lawmakers also will ...