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February 27, 2022

When a 1098 mortgage deduction increase taxes... can you skip it?

  • February 27, 2022
  • 0 replies
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Can you not use a 1098 mortgage deduction?

Case in point, purchase of a house at the end of the year is triggering the $750K limit and increasing the tax burden if we attempt to claim the new mortgage vs. just using the 1098 for one house.

Thoughts

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