9. Which of the following is a true statement?

A. Taxpayers may only deduct interest on up to $1,500,000 of acquisition indebtedness.

B. Taxpayers may deduct interest on up to $1,000,000 of home-equity debt.

C. The deduction for investment interest expense is not subject to limitation.

D. Interest on home-equity debt up to $100,000 is deductible, even if the loan proceeds are used to buy a new car.

E. None of these is true.