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Two mortgages - one issued in 2015 - one in 2018 - combined value over $1M
Mortgage One - Primary Residence acquired in 2015
Bgn Balance - $520,948
End Balance - $0 - Home sold 9/2019
Interest Paid - $15,704
Mortgage 2 - Primary Residence acquired in 2018
Bgn Balance - $598,478
End Balance - $589,585
Interest Paid - $29,662
Can I deduct the entire interest amount of $45K? Any tricks to entering in TurboTax desktop?
Many thanks in advance.
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‎June 28, 2020
1:44 PM