I certainly like that interpretation! 🙂 Very confusing - at least for me. When I did the IRS worksheet it really confused me, as it appeared total mortgage debt exceeding $750k couldn’t be deducted if at least part of it was acquired in 2018 and beyond. It makes sense that the two mortgages would be treated separately.
I wish TurboTax had this built into their workflow / Q&A.
Everyone else agree with @Bsch4477?
Thanks!
