Question: It is 2 0 2 2 . Monica purchases a primary residence for $ 1 , 5 0 0 , 0 0 0 . She

It is 2022. Monica purchases a primary residence for $1,500,000. She makes a 50% down payments and finances the rest. During 2022 she pays $35,000 in mortgage interest. How much of her mortgage interest will be deductible on her 2022 tax return

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