Not sure I'm getting facts across correctly, based on your comment: "Then I would move on to the rental property discussion and enter the Form 1098 for that property and any other expenses as you complete the walkthrough. "
I do not have a Form 1098 for a mortgage on my rental property, as it is not mortgaged. Only have 1098 on my primary residence, which generated the refi cash-out amount used to purchase the rental property.
Are you saying to allocate part of the interest from my primary residence Form 1098 to my rental (based on cash-out amount portion of total refi), and then enter that amount as "the Form 1098 for that property"?
