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Sold home Jul 2020 then bought new home Dec 2020. The int paid for sold home was $19,774. The int for new home was $920. How to calculate deductible mort interest?
Tried using for 14900 to calculate and the additional mortgage in December reduces my deductible interest by more than $7k. How to incorporate 5 months without a mortgage. First mortgage prior to 2017.
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‎October 27, 2021
12:01 PM