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Investors & landlords
The rental property is reported on SCH E, and there are no limits on SCH E. So you can claim interest for the primary residence and 2nd home on SCH A. The rental property would not be reported on SCH A at all, assuming the property was classified as a rental for the entire tax year, or since you purchased it, if acquired in 2021.
‎April 20, 2022
6:40 AM