Quote Originally Posted by DJD View Post
There seems to be two types of loans, the HELOC and i understand that the other is a term loan that is set at a fixed rate. Are both tax deductible? I want to do this but would like to know for sure that both loans can have the interest as a write off. A man could get a nice boat. I was thinking a good chunk down and maybe a 10 year loan? Any further info is greatly appreciated.


Wow Don you must be thinking of getting a pretty nice boat there man--gl to you buddy---