19. Aiden and Brittney bought a house together on September 3, 2018. They paid $25,000...
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Accounting
19. Aiden and Brittney bought a house together on September 3, 2018. They paid $25,000 down on their house and took out a 30-year fixed mortgage loan of $275,000 with a 3.92% interest rate. In 2018, they will pay $3,585.44 in mortgage interest on their primary residence. They also have a HELOC (home equity line of credit) on their secondary residence to help pay off credit card debt. In 2018, they will pay $1,345 worth of HELOC interest. In 2018, how much interest can be deducted on Schedule A? (1 pt)
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