@RaifH do you feel pretty confident in calculating the average home loan value this way (for a loan acquired partway through the year)? It just conflicts with the answer posted here so I want to be sure!
I want to make sure I'm following the guidance in the IRS guidelines correctly (in the "Statements method, it says to treat the loan balance as 0 in the months that you don't have the loan, which makes sense, but then it also says to divide the sum by the months you have the loan, which would bring the average loan value back to around the original principal amount).
