Cap on Mortgage Interest Deduction with new Tax Code ?

[Rick Mapes]

Greetings!  I'm sure this has been covered, but I've had no luck finding specifics.  My tax professional mentioned the new tax code includes a $10k cap on mortgage interest deductions for investment properties.  This has hit me pretty hard, I'd guess I have $20-25k in interest to deduct, and have historically.  This is in regards to Federal filing, but I'm in Iowa.

Are there any tax professionals that can confirm or deny that's the case with the new tax laws?  My research has not been able to find any specifics on this limitation.

Thanks!