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Business & farm
The house was part of a LLC . We never lived in the house, it was always a rental. We sold it last year and claimed the whole sale. This year I have to claim the interest on the self financed loan. I thought I had to claim it on the 1065 as business interest earned but I can't find a place for it, So now I'm thinking I have to claim it as Income on my 1040 because the sale of house has already been claimed. Is this right?
‎June 1, 2019
12:06 AM