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Question text Interest on a home equity loan: Select one: a. Is never deductible b. May be deductible, but are subject to interest on a

Question text Interest on a home equity loan: Select one: a. Is never deductible b. May be deductible, but are subject to interest on a maximum $250,000 principal loan amount c. May be deductible if the proceeds of the loan are used to buy, build or substantially improve d. None of these

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