PatriciaV
Employee Tax Expert

Investors & landlords

Yes, enter the total amount from Form 1098 for the mortgage interest relating to the rental property. TurboTax will allocate the rental portion based on the number of Rental Days. Enter this first on the Rental Property and the program will transfer the personal portion to your Itemized Deductions.

 

Expenses that are specific to the rented portion of your home should be entered on the page titled "Any Miscellaneous Expenses?". Entries made on this page will not be allocated.

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