California did not conform to the potential mortgage interest limitation of the TCJA and retained the...

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California did not conform to the potential mortgage interest limitation of the TCJA and retained the pre-TCJA limits. How much is the standard CA restriction and how much for a qualified enterprise zone property? A) $500,000 and $850,000. C) No limit. B) $750,000 and $1,040,000. D) $1,040,000 and $1,075,000. California did not conform to the potential mortgage interest limitation of the TCJA and retained the pre-TCJA limits. How much is the standard CA restriction and how much for a qualified enterprise zone property? A) $500,000 and $850,000. C) No limit. B) $750,000 and $1,040,000. D) $1,040,000 and $1,075,000.

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