I have purchased a new home and converted my old home into a rental. How Do I claim the new homes mortgage information separate from the old home?

Hart-s-HOA · ‎June 6, 2019

MarilynG · ‎June 6, 2019

You will claim your new home Mortgage Interest as an Itemized Deduction for Schedule A.

The rental property Mortgage will be claimed as a Rental Expense, on Schedule E.

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