Community
:
Discussions
:
Taxes
:
Investors & landlords
:
Re: I refinanced my home and it was a new loan of 392,000. 150,000 of that was cash to me to buy ...
MinhT1
Expert Alumni
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
Investors & landlords
Only the interest on $242k ($392k - $150k) is deductible.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎July 9, 2020
12:48 PM
