Jessica purchased a home on Jaruary 1. 2018 for $710000 by making a down payment of $280,000 and financing the remaining $430.000 with a 30-year loan. secured by the residence, at 6 percent During 2018 and 2019 Jessica made interest-only payments loan of $25.800 (each year). On July 1. 2018when her home was worth S 710,000 home at an interest rate of 8 percent During 2018 she made interess-only payments on 2019, she made interest only on the second loan in the amount of S14 200. What is the maximum a Jessica paid during 2019 may she deduct as an itemized deduction t she her home and landscape her yard? (Assume not maried filing separately) on the Jessica borrowed an additional $177500 secured by the payments on the second loan in the amount of $7100 During mount of the $40,000 interest e used the proceeds of the second loan to finisht On November 1 year t Jamie (who off from her job On February 1, year 2, Jamie is single) purchased and moved into her principal residence In the early part of year 2, Jamie was ry 1 year 2. Jamie sold the home at a $69500 gain She sold the home because she found a new job at a s69 different state. How much of the gain. if any may Jamie exclude from her gross income in year 2 Jessica purchased a home on Jaruary 1. 2018 for $710000 by making a down payment of $280,000 and financing the remaining $430.000 with a 30-year loan. secured by the residence, at 6 percent During 2018 and 2019 Jessica made interest-only payments loan of $25.800 (each year). On July 1. 2018when her home was worth S 710,000 home at an interest rate of 8 percent During 2018 she made interess-only payments on 2019, she made interest only on the second loan in the amount of S14 200. What is the maximum a Jessica paid during 2019 may she deduct as an itemized deduction t she her home and landscape her yard? (Assume not maried filing separately) on the Jessica borrowed an additional $177500 secured by the payments on the second loan in the amount of $7100 During mount of the $40,000 interest e used the proceeds of the second loan to finisht On November 1 year t Jamie (who off from her job On February 1, year 2, Jamie is single) purchased and moved into her principal residence In the early part of year 2, Jamie was ry 1 year 2. Jamie sold the home at a $69500 gain She sold the home because she found a new job at a s69 different state. How much of the gain. if any may Jamie exclude from her gross income in year 2