@Frank-Farrell wrote:
If I re-refinance the 570k(@2.5% luckily) will it reset the clock(so to speak)
No.
It has nothing to do with "cash out", it has to do with what the actual money was used for.
Money that was used to buy, build or substantially improve your personal home, that portion of the interest may be an Itemized Deduction on Schedule A.
Money that was used for a business (or rental property), that portion of the interest could be a business (or rental) deduction.
So in your situation, if you cashed out $270k to reduce pay down the "investment property", that $270k is essentially refinancing and is connected to that "investment property". If by "investment property" you mean "rental property", then that portion of the interest is a rental expense.
