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Refi of home new interest is not showing in home office or mortgage line for schedule A
I refi our home in July of 2020. I originally had 2 loans which were consolidated into a single loan. When I go through the home office section and select all three loans, the interest that shows for the entire home is only the two original loans. Then what shows on schedule A is just the original 2 loans decreased by the 18.44% of our home used for our business. If I go back through the home office section of the questionnaire and only select the new loan, the entire loan entry for the home office is $0 and the amount is Schedule A is the total of the original 2 loans. When I review the worksheets, I can see all three loans and there does not seem to be any difference. Any ideas?
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‎February 6, 2021
10:45 AM