Thank you. Got it this makes sense. Also, it's becoming apparent that there's not another way to calculate average mortgage balance (by monthly statement or otherwise) to allow a higher deduction. Also, if I'm reading correctly, I can't split the mortgages and use all interest from the pre-2017 mortgage even though it had a million dollar cap, and then use the $750,000 cap for the 2023 mortgage by itself?
Just seems weird that carrying a second mortgage even for a short period of time simultaneously actually lowers the amount that you can deduct even if you're already over the cap and it's more total interest in aggregate.
Thanks again for your help. I was about to deduct way too large of an amount.
