qhgnlm
Returning Member

Deductions & credits

To clarify, I can't mix or take partial deductions from each type, but can opt to do entirely investment interest.

 

This doesn't matter whether the mortgage was a home acquisition debt, cash out refinance, HELOC, etc?

 

And once opted for the investment route, can I switch to a home mortgage deduction in future years? Or am I stuck with the choice for the duration of the loan?