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Second Mortgage
I purchased a piece of property (land only) and the bank I used did this as a mortgage loan. So now I have 2 mortgage loans (One for primary home, one for land). Question: How do I input this in TT? I see primary home which I input that information. The next is second home (of which there is no home. Just land). However, I have Mortgage Interest & Outstanding Mortgage Principal indicated on that 1098. How do I handle the second mortgage? As second home or check "other" block? Thanks!
Bhooper269
‎April 5, 2022
12:29 PM