Question: John and Debbie refinanced at $ 3 0 0 , 0 0 0 home mortgage balance for new mortgage of $ 4 0 0 ,

John and Debbie refinanced at $300,000 home mortgage balance for new mortgage of $400,000 all of which was used to substantially improve their home how much of the $400,000 mortgage debt would be considered a home acquisition debt?

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