Klschultz69
Returning Member

Investors & landlords

Just to clarify the interest issue above.  I was paid $4994 in mortgage interest from the buyer.  It correctly added that to my interest income the first time,  but each time I just "review" my answers to the sale.... not entering any additional info, it adds an additional $4994 to my interest income that I can not remove.  I wondered how my interest income went over  $21,000  when it should have been $7100.  Why would just reviewing my answers add additional interest when it doesn't add additional principle or other items I reviewed?