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Investors & landlords
If you are not duplicating any months for the 2 mortgages, and are certain that you were under $750k for each mortgage for every month of the year (and are married filing jointly), on the first mortgage that is now a rental, type $0 in the 1098 entry for Box 2 - Outstanding mortgage principal. Keep the support with your tax records.
‎April 2, 2025
6:01 AM