Thank you for your response. When using a excel spreadsheet and calculating average balance for all loans I only get 592K. It seems the IRS rules as your statin...
Thank you for your response. I decided to use the alternative method from the IRS publication for determining the average balances. *Interest paid for the year,...
Thank you, I tried having the ending balance zero, but it still averaged it at half and limited my deductions. Instead I used the IRS instructions and used the ...
