I am glad that you were able to help krisbhandare. But I am puzzled why it seems everyone, including tax experts, claim that a refinance of an original mortgage incurred after October 1987 and prior to December 2017 retains the $1,000,000 pre-2017 balance limit. According to Pub 936, a mortgage is either Grandfathered Debt or Acquisition Debt. Refinanced acquisition debt is still acquisition debt but with a new origination date. It is not grandfathered debt. If the refinance date is prior to December 2017, it will retain the $1,000,000 balance limit. Otherwise, it is subject to the $750,000 balance limit. What am I missing?
