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sergeyle
Returning Member

How do I return to the form where I enter the breakdown of mortgage refinancing costs for a rental property?

I have had a rental property in my profile for a few years. There was a form in the initial income workflow that asked me whether I refinanced my mortgage and where I entered the breakdown of the refinancing costs. The input was transferred to a "2021 Refinancing Fees". The numbers don't look right, however, and I would like to review the form. How do I get back to it?

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6 Replies
PatriciaV
Expert Alumni

How do I return to the form where I enter the breakdown of mortgage refinancing costs for a rental property?

Yes, you can review and edit your answers regarding refinancing a loan from the Rental Property Summary page. Go to Assets/Depreciation and Edit the mortgage refinance fees you set up as a Rental Asset. 

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sergeyle
Returning Member

How do I return to the form where I enter the breakdown of mortgage refinancing costs for a rental property?

This is not exactly what I'm looking for. The rental asset edit menu has a single "Cost" field that I can edit, but this cost was (apparently) computed from a dialog where I entered a breakdown of my closing costs. However, the number doesn't look right and I'm not sure how it was computed, so I would like to revisit that dialog.

Audiehill
New Member

How do I return to the form where I enter the breakdown of mortgage refinancing costs for a rental property?

  • I need to amend my taxes
  •  
PatriciaV
Expert Alumni

How do I return to the form where I enter the breakdown of mortgage refinancing costs for a rental property?

@sergeyle

Please clarify if you entered the refinance fees this year or if the asset was carried over from a prior year.

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sergeyle
Returning Member

How do I return to the form where I enter the breakdown of mortgage refinancing costs for a rental property?

It was for this year.

PatriciaV
Expert Alumni

How do I return to the form where I enter the breakdown of mortgage refinancing costs for a rental property?

You might check your entries under Federal >> Deductions & Credits >> Mortgage Interest and Refinancing. This section includes several questions regarding the refinance of a loan.

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