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elangeveld
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CAN YOU TAKE MORTGAGE AND INTEREST DEDUCTION ON A RENTAL PROPERTY AS WELL AS THE PROPERTY YOU LIVE IT, i RECEIVED TWO 1098 FORMS SO i ENTERED BOTH OF THEM

 
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Carl
Level 15

CAN YOU TAKE MORTGAGE AND INTEREST DEDUCTION ON A RENTAL PROPERTY AS WELL AS THE PROPERTY YOU LIVE IT, i RECEIVED TWO 1098 FORMS SO i ENTERED BOTH OF THEM

All rental expenses including the mortgage interest are claimed on SCH E. The program will specifically ask you for mortgage interest on your rental property as you work through the rental expenses section.

The mortgage interest for your primary residence or other "personal use" property is claimed on SCH A.

 

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