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Home acquisition debt is the amount of the mortgage that was used to buy the home.
Grandfathered debt is a mortgage taken out before October 14, 1987. It is not limited by the mortgage interest calculations.
https://www.irs.gov/publications/p936#en_US_2018_publink1000230017
but ..."on date debt was last secured by home". Doesn't this mean the last refinance, if the mortgage was refinanced?
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