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thanks 4 Brendon owns a rental property. He paid $2,500 in mortgage interest from January through March, 2022, at which time his loan was paid

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Brendon owns a rental property. He paid \$2,500 in mortgage interest from January through March, 2022, at which time his loan was paid in full. On April 1, he took out a new mortgage on the property for $100,000. He spent $75,000 on a variety of renovations and updates to the property. The other $25,000 was used to pay his personal credit card debt. From April through December, he paid \$8,000 in mortgage interest on the property. What is Brendon's allowable deduction for mortgage interest? $2,500 $4,500 $8,500 $10,500

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