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Credit card debt divided by total debt equals the percent that will not qualify for deduction.
Repairing the foundation counts as that is important! The origination fees are going to be negligible.
Example:
$20,000 credit cards / $200,000 loan =10% not allowed
and as the mortgage amortizes into the future, it's that $20,000 that gets paid off first, so a higher and higher percentage of the interest will be tax deductible into the future
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