Can you apply all of your mortgage interest as a tax deduction if you refinanced more than the original loan?
Saturday, July 25th, 2009
KQ asked:
The cash out was not used for home improvement, but I am not subject to the AMT.
The cash out was not used for home improvement, but I am not subject to the AMT.
Does the rule that you can only apply the cash out interest used for home improvement only apply in AMT circumstances?
Ronnie