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Interest on the home mortgage is deductible a. if the residence is a principal personal residence b. if the residence is one other residence in
Interest on the home mortgage is deductible
a. | if the residence is a principal personal residence | |
b. | if the residence is one other residence in addition to the principal personal residence
| |
c. | on up to 750,000 of acquisition indebtedness incurred after 12/15/17 and before 1/1/26
| |
d. | not on an equity loan borrowed out of the principal personal residence as long as there is equity
| |
e. | All of the above. |
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