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Deductions & credits
Thanks so much! yes my situation is
i took a $890K mortgage in February 2017 and refinanced it in 2020 in a straight rate-and-term refinance transaction ($860K), no cash out or anything, just refinancing for a better rate.
The old limits for acquisition debt ($1 million) should still carried forward, right? Meaning 100% of the interest I paid should be deductible, right?
March 18, 2021
1:33 PM