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With the new tax laws for mortage interest deduction; what is going to be the limit on this deduction if the house was over the 750,000 threshold.
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The value of your house does not have any impact on the deductible amount of mortgage interest; it is the amount of indebtedness (and when it was incurred) that is relevant.
See, generally https://www.irs.gov/pub/irs-pdf/p936.pdf
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