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Investors & landlords
@anon30 You marked the wrong answer as a solution.
If you choose to treat the debt as not secured by your home, you can deduct the interest paid to the extent you use the proceeds of the loan for business purposes (including rental properties).
See https://www.irs.gov/publications/p936#en_US_2019_publink1000229898
‎January 26, 2021
12:05 PM