Hello,
I am entering my 1098 statements in TurboTax Premier and i feel it may not be accurately accounting for my particular situation.
Property 1 (Condo) was initially purchased in 2014 for 312k:
1098 Box1: $4,284.88
1098 Box2: $124,229.73
Home was lived in until mid-2025 and then became rental property/income.
Property 2 (Primary-House) was purchased in 2025 for 1.43M and then also refinanced in Oct 2025.
Original Loan
1098 Box1: $14,154.11
1098 Box2: $1,140,571.94
Refinanced Loan
1098 Box1: $6,736.89
1098 Box2: $1,144,000.00
When i enter all three 1098 statements, the software says something about being limited deductions .
Any advice would be appreciated.
Thanks,
Pete
