ssanto
Returning Member

Split mortgage interest and property taxes on rental property

Just double checking...

 

I converted my personal home to rental property in 2018.  I've got all of my rental property stuff entered correctly in the Schedule E section.

 

In the Deductions and Credits section, I will only enter the portion of the mortgage interest and property taxes for the amount of time the property was in personal used (before conversion).  Because if I entered the total amounts, that would be "double dipping".

 

There is a "check this box if the number you entered is different than the 1098" option.  I suppose I should check this since I'm hand editing the number.

 

Sound about right?

 

Thanks!