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This is so incredibly helpful, can't thank you enough!

The refi in my name funded last November, however I didn't make my first payment until January 1st this year.  Does that matter?  I'm trying not get confused with the reverse mortgage, and the new refi mortgage. 

The 1098 sent to my Mom's estate was for 2023 and shows the full amount of interest for the life of the reverse, and plus the insurance premiums and such.

 

For the basis, can I use the amount that probate determined the house was worth?  Since I inherited the property and didn't purchase it, I should get stepped up right?