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Investors & landlords
@jh777 @Mike9241 and @Carl are both right. You received interest income due to your financing activities NOT due to your rental property. Yes, the financing activities only occurred because of the rental property but that isn't how it is treated on your taxes. This interest income is interest earned on investments and the IRS will expect to see it on schedule B. It will not show as matching if it is entered anywhere else on the return.
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March 23, 2022
11:25 AM