Can the interest/payment on a home equity loan be deducted as home office expense, the same a home mortgage ?

Answers:1   |   LastUpdateAt:2012-09-16 07:31:04  

Question
hamlet
Asked at 2012-09-10 21:00:02
I have been asked to set up a home office for the benefit of my employer . I will work from home every day . I know I can deduct a portion of my mortgage payment and utlilties of my taxes, but I can deduct my payments on home equity loans ? Should I consolidate both loans to get the full tax benefit ?
Answer1SraJMcGinAnswered at 2012-09-16 07:31:04
Mmmh I noticed that thanks . MedlinePlus MedlinePlus By the way , I'm the tax man ( and my friends call me Lucifer ) .
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