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Mortgage interest on primary homes
I bought a new primary residence in Mar 2021. The sale of my previous primary home did not close until June 2021. So for about 3 months I owned 2 houses.
1. Is the 1098 interest fully deductible for both houses? (the orig loan amt on the new house is $750K and the orig loan amt on the old house was $500K)
2. When I list them on turboTax, do I list them both as primary residences?
March 2, 2022
4:08 PM