I refinanced my home loan this year. Can I tax deduct the mortgage interest on the old loan and my new loan? and V-Lang Son-Lac Ho Phai Loan (2)

I refinanced my home loan this year. Can I tax deduct the mortgage interest on the old loan and my new loan?

I paid off a great deal of interest on the original loan and just want to be sure before I attempt to deduct it.
I meant to say I refinanced in September 2007 not this year.


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Answer by trop
This year being 2008 means the new loan is not eligible until next filing. The old loan is deductible.

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V-Lang Son-Lac Ho Phai Loan (2)


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