Sophy v. Comr., 138 T.C. 204 (2012)

(I.R.C. §163(h)(3) limitations on mortgage interest deductibility are to be applied on a per-mortgage basis rather than on per-individual basis; unmarried co-owners collectively limited to interest deduction of $1.1 million ($1million of acquisition indebtedness and $100,000 of home equity indebtedness).