You can use the Average Mortgage Balance method to enter the balances instead of what is reported on the 1098.
So if the outstanding balance on mortgage 1 was $600,000 and on mortgage 2 was $700,000, one bought and the other sold on June 30 (half a year) you would take the average balance for the year. So for mortgage 1, you would have an average balance of $300,000 and for mortgage 2 your average balance would be $350,000
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