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Investors & landlords
No, Do not re-enter your mortgage information related to your rental property under the personal section if that property was available for rent or actually rented for the entire 2016 tax year. All the mortgage interest will be allocated to your rental property and you will not have any amount available to deduct as a Schedule A personal itemized deduction.
However, you will want to include all mortgage interest related to your new home purchase under this personal itemized deduction section.
‎June 3, 2019
12:10 PM