Business, 03.12.2019 07:31, edwinadidas9938

Miller owns a personal residence with a fair market value of $202,700 and an outstanding first mortgage of $162,160, which was used entirely to acquire the residence. this year, miller gets a home equity loan of $10,135 to purchase new jet skis. how much of this mortgage debt is treated as qualified residence indebtedness?

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Miller owns a personal residence with a fair market value of $202,700 and an outstanding first mortg...