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1098 for mortgage in personal name while investment property title is held under LLC
I was hoping someone can shed some light on this or point me in the right direction as I am a new landlord.
My LLC holds the title for the investment property. I am going to file a partnership return for the investment property with all the income, expenses, depreciation, etc. My mortgage is in my personal name and I received 1098 from my lender in my personal name. How do I deduct this mortgage interest on my partnership return for the investment property?
Thank you in advance for any help
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‎January 25, 2022
7:34 AM