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Auto loan or home equity loan? Auto loan or home equity loan?

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Old 12-16-2007, 01:56 PM
Like2Plan Like2Plan is offline
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Originally Posted by InDebtInDC View Post
You may want to check with your tax advisor, but apparently you may use it for any purpose.
You may use the money for any purpose, but you won't get a tax write off if you are subject to AMT and the funds are not used to purchase, build, or improve the home...
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Old 12-16-2007, 02:36 PM
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I would get an auto loan personally.
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