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I moved in 2021. The old mortgage was smaller, pre-2018 and $1mm . The new mortgage is larger and $750K . TT is spreading all interest across mortgage 2. How do I fix?
There are two errors here that is causing my write-off and refund to be lower than it should be. First, interest on the old mortgage is being spread across the new mortgage balance which is diluting how much I can write off. Second, interest on the old mortgage is being capped at $750K when it should be $1mm.
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‎February 28, 2022
10:26 AM