What if we rolled the refinance costs into the new principal balance? It seems that per other posts that the interest is only deductible up to the principal balance of the original acquisition debt at the time of refinance. For example, if the original balance was $710,000 at refinance time, and $5,000 of costs were rolled into the new principal of $715, 000, how do we adjust for the interest on the $5,000 incremental (disallowed) principal balance in TurboTax?
