I don't seem to be getting any deduction for the mortgage interest - ouch! not acceptable.
I refiinanced twice in 2020. first one took out 50K for house renovations that I never completed and lower interest rate. Then late 2020 got even lower interest rate and took out 250K for a boat that I never got.
The TTax instructions have me add all the interest from the 3 1098s but then I have to add the additional 2 loans right? Also is the $ out going to be taxed as income? How can I avoid this?
