- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Mortgage Interest, Insurance, Taxes on Duplex
I own a duplex and live in one side, while renting out the other. I only have 1 statement for property taxes paid, mortgage interest paid, and insurance paid. Turbo tax asks for each of these items as a portion of the rental property and then I can enter my personal later.
How should I handle this?
Should I prorate the amounts (cut the amounts in half and enter half in rental and half in personal)? I am scared to do this because the 1098 won't match.
‎February 12, 2020
9:11 AM