Awasome Is Home Equity Loan Interest Tax Deductible For Rental Property Ideas. You can usually deduct the interest on a home equity line of credit taken. You can deduct the interest on a home equity loan for rental property on your income taxes.

You may deduct the interest if you meet. Yes, home equity loan interest is tax deductible for rental property. In tax years 2018 until 2026, home equity loan interest is only deductible if you use the loan proceeds to buy, build, or substantially improve the home.