Deductions & credits

I, too, took some cash out of my primary residence, and paid off a secondary residence (which my husband is living in due to his job location--so both houses are fairly "primary" in our reality).  The interest rate is better and it's only one loan so overall, it's an improvement. 

 

I understand that the interest on the cash out portion is not deductible unless it's spent on the primary residence.  I do have projects lined up, so SOME of the cash will go back into this house, but it's not done so I have no receipts and don't know the final total.  Should I file an extension, so that I can have these numbers?

 

Also, like the OP, I have thought about RE-refinancing.  Will that be possible in 2025, if this provision is sundowned?

 

Thanks!