All Forum Posts by: Naji S.

Wondering if someone can point me to a reliable resource because the hours of research i've done online did not give me any clear, obvious examples of how to do this correctly.

I owned my first primary residence for some years. The loan on this house is $650,000.

I closed on a new primary residence end of June. The loan on this house is $1,200,000.

I moved in to my new primary residence by the end of the month.

Starting July, my original primary residence was available as a rental and was being shown to prospective tenants.

My new tenants signed a lease that began a couple weeks after showing, in July.

To calculate my primary residence mortgage interest deductions, i'm using the following formula:

650,000 / 2 = $325000 loan from January to June

1,200,000 / 2 = $600,000 loan from July to December

$750,000 limit / (600,000+325000 total loan value)  = 0.81 multiplier

(0.81 * $X first house interest) + (0.81 * $Y second house) = total interest payed i can deduct from my primary residence

does this look correct? any help would be appreciated. Thank you!

@Darius Ogloza good call. When you say from sources such as Realtor.com, do you mean the website has a feature to build these types of models and dashboards? Or do they provide an API to fetch the data

Trying to find information on Tri-Valley Real Estate market trends, especially how they compare to other markets around the Bay Area, but I haven't had much luck. There are some old PDF's as recent as 2017 or 2021 that compare the Tri-Valley cities to each other, and a few blogs that have shown that Tri-Valley cities outpaced the rest of the bay area in home value appreciation since COVID. Though it would be nice to get recent data about how Tri-Valley compares to other areas like Santa Clara and San Mateo County in terms of real estate appreciation, home sales, etc. Does anyone have any leads for things like this?