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Can I take the interest expense from a home equity loan against my primary residence and divide it amongst 4 Schedule E rental properties I own?
I used to take the home equity loan interest as a schedule A Itemized Deduction. Since that deduction goes away in 2018, I would like to take it as a Schedule E expense spread across my 4 rental properties (or any 1 of them).
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‎June 4, 2019
2:58 PM