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Can I deduct monthly interest paid on a valid promissory note to my parents I used to purchase investment rental property? How would I do so within turbotax
I am repaying my parents on a promissory note I used to purchase a investment rental property. The promissory note is lawyer drafted and has a standard interest rate. The property has never been used for personal use and has been a rental since purchase. If so, how would I do so within Turbotax?
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‎June 1, 2019
8:18 AM