Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 5:59:53 PM

I am entering Mortgage interest in TT Business. Where do I put it: in Fed taxes/Rental RE Interest expense,or in Fed taxes/Deductions in the Rental RE Expenses. Or both?

This interest is for one rental property that I own in an LLC.

0 1 784
1 Best answer
New Member
Jun 4, 2019 5:59:54 PM

In Turbotax Business enter mortgage interest for rental real estate as follows:

·        Select the FEDERAL TAXES tab

·        Select the Rental Real Estate tab

·        Scroll down, under Rental Real Estate Expense

·        On the Interest expense line click Start

1 Replies
New Member
Jun 4, 2019 5:59:54 PM

In Turbotax Business enter mortgage interest for rental real estate as follows:

·        Select the FEDERAL TAXES tab

·        Select the Rental Real Estate tab

·        Scroll down, under Rental Real Estate Expense

·        On the Interest expense line click Start