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Get your taxes done using TurboTax
Thanks for the reply!
So let's forget about the rental now.
l lived in house A for 9 months as primary home, and then switched to house B for 3 months as primary home.
So the suggestion is "Enter as only one Form 1098 and add the interest from the first 9 months of house A on that 1098 screen as long as none of the loans were home equity or refinanced with cash withdrawals."
My question is that if I enter it as only one Form, what should I enter for "outstanding mortgage principal" (since I have two loans in reality), and for "lender" ( due to the same reason)? For both loans, their loan amounts are greater than $750k.
March 25, 2025
1:29 PM