BMA Financial conducted a webinar on April 3rd with Amy Artiga, author of The Pastor’s Wallet Complete Guide to the Clergy Housing Allowance.
A follow-up question was posed from one of our webinar participants about the use of a Home Equity Line of Credit (HELOC) to purchase investments or other items and whether the interest accrued against the HELOC could count toward the ministers housing allowance.
In a subsequent article linked below, Amy addresses this question: Can You Use A HELOC To Extend Your Housing Allowance? - The Pastor's Wallet (pastorswallet.com)
As always, please let us know how we can assist you on your financial journey.
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Steve Crawley, PhD
BMA Financial
Executive Director
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