Nearly half of Florida homeowners risk losing equity to hidden taxes. A frozen federal cap is turning profit into liability ...

Home equity rates seem to be on summer vacation. The average rate on a $30,000 home equity line of credit (HELOC) remained at ...

But home equity borrowers, whether they used a home equity loan or HELOC, have potentially valuable tax deductions to explore before submitting their return. So take the time to understand the ...

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 ...

Interest paid on a home equity loan may be tax-deductible if used for IRS-approved reasons. Getty Images/iStockphoto The deadline for filing your 2022 taxes is just weeks away (April 18, to be exact).

Federal Trade Commission, "Home Equity Loans and Home Equity Lines of Credit." Accessed March 21, 2024. IRS, " IRS provides tax inflation adjustments for tax year 2024 ." ...

Will Florida ditch property taxes as home prices surge? By . Emily Davis. Published March 20, 2025, 3:00 p.m. ET. Soaring home coasts are driving Florida legislators to propose radical solutions.

Home; Taxes; State Tax; Florida Tax Guide 2025. Explore Florida's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Florida compares nationwide.

Too often Florida new home buyers are surprised by the increase in property taxes triggered by the purchase. A sale of a Florida home can trigger a larger than expected property tax bill for the ...

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. Alix is a former CNET Money staff writer. She also ...