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URL:  http://boards.fool.com/mortgage-interest-deduction-14539794.aspx

Subject:  Mortgage Interest Deduction Date:  3/13/2001  5:49 PM
Author:  lstokes1 Number:  48332 of 121180

I know you can only deduct mortgage interest on principle of $1,000,000. How do you calculate the interest that is deductible when the principle was over $1,000,000 at beginning of year and goes below it by the end of the year.

Linda
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