Can I claim interest deduction from business loan taken out for a rental property even though I sold the house last year in 2018? I still am paying the loan off.
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Can I claim interest deduction from business loan taken out for a rental property even though I sold the house last year in 2018? I still am paying the loan off.
Can I claim interest deduction from business loan taken out for a rental property even though I sold the house last year in 2018? I still am paying the loan off.
Sorry no ... to be deductible you must still own the underlying property ... now all you have is a personal non deductible loan.
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