Q: Is HeartCodeÂ® ACLS Part 1 only for renewals or can it be used for initial ACLS course completion as well? A: This program is approved for both provider renewals and initial ACLS provider courses. However, HeartCodeÂ® ACLS Part 1 requires prior knowledge that will be applied in using the ACLS treatment algorithms.
However, Principal payment on such a loan is not eligible for deductions. Only owners of the home or co-owners are eligible for tax benefits. Under Section 24, the interest paid on the home improvement loan is tax deductible up to Rs 30,000 per annum.
Interest on such home equity debt is generally deductible regardless of how you use the loan proceeds, including to pay college tuition, credit card debt, or other personal purposes. This assumes the combined balances of acquisition debt and home equity do not exceed the home's fair market value at the time you take out the home equity debt.