Go Back To Search Results Question Is home equity mortgage interest deductible for home office expenses? The money was used to pay off credit cards. I am still paying on the home equity loan. If I do a home office deduction, which I qualify for in every way, can I use the home equity loan interest as a deductible expense? By mimi31211 Posted on 04/13/08 Total Answers 3 Answers- NOTE 'Home office "deduction " ' is one of the best ways to have a visit with the IRS (aduit). more often than not the 'HOD' is not worth what u save or loss. Answer by : robert w On Date 2008-04-13 13:33:46 I am no gonna say I am one hundred sure about it.Besides it really depends on the personal feelings. SO it would better for you to find yourself.Here is a good resource.http://homeloan.online-assistant.info/best-home-owner-loan.html Answer by : JOYCE W On Date 2008-04-14 11:20:34 Be careful with that, its not really worth to pursue it. You can get caught and then have problems with IRS. The amount you talk about is so small, you shouldn't bother really. Answer by : fieriefire On Date 2008-04-15 04:50:05   Go Back To Search Results