HELOCs and Home Equity Loans: The tax deduction may be curtailed. What does this mean for homeowners?

​By Revis, Hervas & Goldberg P.A.On January 1, 2018, a new tax reform law became effective. It will affect the ability of many homeowners to deduct mortgage debt interest on their future tax returns.HELOC vs. Home Equity LoanA HELOC, or…