Question 50 ?of 100.Which of the following statements is TRUE regarding deductible mortgage interest on...

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Accounting

Question 50 ?of 100.
Which of the following statements is TRUE regarding deductible mortgage interest on Schedule A? ?The mortgage:
Can be used to consolidate credit card debt.
Interest is only deductible on no more than $750,000 ( ?$375,000 ?for MFS filers) ?mortgage debt if taken out after December 15, 2017.
May be for a residence used 100% ?as rental property.
Deductible interest amount includes private mortgage insurance (PMI).
Mark for follow up
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