Juan and Juanita are purchasing a new home in $2023.$ Because Juanita was an early employee of Microsoft, she made a significant amount of money on her stock, which is allowing them to upgrade from their existing residence. Juan and Juanita are purchasing a new home for $$2\mathrm{.}5$ million, and are taking out a $30-$year mortgage of $$1\mathrm{.}5$ million, at $6\%$ interest. Annual interest on the mortgage is $$90,000.$ They also paid $$15,000$ in points in connection with the mortgage.

Calculate the interest expense deduction $($including any deductible points$)$ for Juan and Juanita for the first year of their home purchase $($assume they purchased the home on January $1,2023)$

Calculate the interest expense deduction $($including any deductible points$)$ for Juan and Juanita for the second year $(2024)$ of owning their home.