You now have a new HELOC account with 50k, 100k, or more in it that you can write checks out of - is this taxable income?

I've gotten this question from several folks on my other HELOC videos so I thought I'd share a quick tax video to clear up any misconceptions about the tax implications of using a HELOC to fund your real estate investments.

I hope this was helpful and if you know someone who might benefit as well, I would appreciate a share! If you have other thoughts or we missed something, let us know in the comments below.

I'm not a CPA and this isn't tax or financial advice. Always seek your own counsel before making a tax or financial decision.
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