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Get your taxes done using TurboTax
Home acquisition debt is the amount of the mortgage that was used to buy the home.
Grandfathered debt is a mortgage taken out before October 14, 1987. It is not limited by the mortgage interest calculations.
https://www.irs.gov/publications/p936#en_US_2018_publink1000230017
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‎June 7, 2019
4:50 PM