Investors & landlords

They are called Tracing Regulations ... in short if you take a mortgage on your personal residence but use it to buy a rental then the interest is deducted on the Sch E  and not the Sch A.

 

 https://cdn.ymaws.com/www.oatc-oregon.org/resource/collection/E359D405-F529-4348-B521-421CFD25FA2B/H...