I purchased a commercial building for personal use. The building used to be a store in a residential neighborhood, it is not a home -no kitchen or shower/bathtub. I am NOT self-employed. The building is currently used for storage. The use will change in the future to a mixed use building but for now it is just a place to keep my things. I used a commercial loan to purchase the building but did not get a 1098; I received a "Loan Interest Paid Notice" from First Interstate Bank.
I purchased Turbo Tax Deluxe which only allows tax entries for homes. I have not found a situation like mine in the discussions or blogs. What form do I need to file this properly? I do not own another residence so investment property doesn't seem right -but is it? Do I need to upgrade to Premier?
Thanks
