It states: Use these guidelines if you occupied your rental any time during the year:
- Amortize the points over the life of the loan if your personal use is not more than 14 days or 10% of the days the home is rented, whichever is greater.
- If the personal use exceeds 14 days or 10% of the days the home is rented, then divide the points between personal use and rental use.
* We'll amortize the rental portion of these points against your rental income.
* For your personal portion of these points enter these in the itemized deduction section of TurboTax.
But I need Turbo Tax to put an example please.
