Investors & landlords

Thank you!

While awaiting a reply, my thought had been to add the loans/amortization back into the annual deductions for 2021 and going forward (at the normal annual rate) for the remainder of the loans’ lives. Your helpful answer coordinates well with that plan.

The amortization deductions lost for the years in between aren’t enough to worry about for amending returns so I’ll just chalk that nominal loss up to experience.

You clearly understood the situation and provided a perfectly clear answer, and your time and insight are much appreciated! 🙂