rittiar
Returning Member

Deductions & credits

I understand, but in what timeframe?  I refinanced in 2011 and took cash out at that time due to a divorce...I had to pay my ex-husband his share of the equity.  The new loan (origination date of 11/20/2011) is in my name only, which is an "original loan" with the buyer being only me.  My understanding of the tax law is that this is allowable and I can still claim the full mortgage interest.  Is that correct?