Hi, I made a couple of payments on a rental property in December 2024 - only one of the payments' interest is reflected in the 2024 1098. I thought all interest paid was deducted in the year it was paid? I contacted my bank for a corrected 1098. Bank stated the second December 2024 interest was pre-paid and would be reflected in 2025 1098. However, when I received a February 2025 mortgage statement for the said property it showed paid YTD information (e.g. principal, interest, escrow, etc.) as $0.00. Is the interest on the second mortgage payment made in December 2024 counted in TY2024 or TY2025?
