Just a reminder; the maximum amount of mortgage you can deduct interest on is $1,100,000. The IRS tends to target interest deductions of more than $50,000, so be prepared to prove your interest deduction if it is that much.
Any questions, call me at 818-317-6035 or email me at bstonercpa@sbcglobal.net and we can discuss.
Remember, You can count on us to count for you!