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Deductions & credits
Yes, as long as the amount of the loan did not exceed the balance due on the original loan. If you just refinanced the balance due on the original loan you can deduct the interest paid even if it exceeds the $750,000 limit.
Link to Publication 936 Home Mortgage Interest Deduction
Page 10 is about Grandfathered debt.
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‎February 8, 2020
7:48 AM