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

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 ...

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 ...

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.

If you took out a home equity loan between 2017 and 2025, you can deduct the interest if you used the loan funds to buy, build, or substantially improve the property.