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Calculate the interest deduction on an income tax return plus the required down payment using a 1st 2nd and 3rd mortgage on each investment property

Calculate the interest deduction on an income tax return plus the required down payment using a 1st 2nd and 3rd mortgage on each investment property costing the following amounts: $400,000, $825,000.00, $1,000,000.00, $1,500,000.00, $2,000,000.00 Note: 3rd mortgage interest is 18%

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