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Get your taxes done using TurboTax
The 2018 mortgage interest for your rental property is not deductible on your 2019 Schedule E.
If the property had been advertised and available for rent during 2018, even though it was not actually rented until 2019, then it would have been considered placed in service in 2018 and the 2018 mortgage interest would then be claimed on a 2018 Schedule E.
Otherwise, if the rental property can be considered your second home, then you could have deducted the interest on your 2018 Schedule A.
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March 29, 2020
6:33 AM