@kljacks10 wrote:
Thanks! That makes sense. It shouldn't be too difficult to calculate this using the month-to-month method, just a little extra work, but I agree, I don't think this would be something in Turbotax's capabilities.
And of course the percentage will change slightly each month as well because you can treat the loan as if you pay off equity debt first. So if the acquisition/total is $100,000/$120,000 in February, it might be $100,000/$119,570 in March, giving you a tiny bit more deductible interest that month. Good luck.
