Matthew and joan took out a $100,000 loan on their residence in order to help their daughter, a talented cellist who was accepted at the juilliard school of music, finance her education. under 163 and prior to 2018, such a loan would most likely have qualified as: 

A. a student loan. 

B. a nonrecourse loan. 

C. acquisition indebtedness. 

D. home equity debt

Answer rating: 100% (QA)

The most likely option is D home equity debt Before 2018 interest on home equity debt was tax... View the full answer