I have 950k in mortgages on 2 properties. One is a short term rental (about half). How do I enter 750,000 of interest for deduction and enter balance on rental expense

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Enter your interest expense from Form 1098 under the Rental Property (Schedule E) section first. Be sure to answer all questions regarding the number of rental days for the year. This percentage will be used to allocate the interest expense between the rental on Schedule E and your itemized deductions on Schedule A.

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