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Mortgage interest is fully deductible on which of the following loans? Primary mortgage for a third property that's used as a vacation home. Home equity
Mortgage interest is fully deductible on which of the following loans?
Primary mortgage for a third property that's used as a vacation home.
Home equity loan used to add a garage to a second residence.
Home equity loan, half of which was used to improve a primary residence and half was used to pay down credit card debt.
Home equity loan used to purchase undeveloped land that might someday be used to build a new home.
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