Refinancing a mortgage over 1 million
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Refinancing a mortgage over 1 million

If I have a mortgage on a property that qualified for the 1 million deduction in interest (before the new tax law) today will I be able to deduct up to 1 million in interest since the  property was purchased prior to the new tax law or will I be limited to 750000?

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Refinancing a mortgage over 1 million

If you refinanced the loan after December 15, 1997, you are limited to the interest on $750,000.

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