thanks. there is only one mortgage, secured by my primary residence (therefore only one 1098) since we paid cash for the second home (with the proceeds from the refinance of the primary residence). I just wanted to make sure when we refinanced the primary residence and pulled the cash out to buy the second home, all of the 1098 reported interest is deductible under the new rules (I have read that if you refinance and pull cash out, if the money wasn't used on home improvements, the interest on the cashed out portion is not deductible) in our current situation, the cashed out money was used to pay for a second home. hopefully all the interest on the new refi is all deductible?
