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you can deduct interest on your first home and your second home.
You get to choose which one is your second home.
The rental property is reported on SCH E, and there are no limits on SCH E. So you can claim interest for the primary residence and 2nd home on SCH A. The rental property would not be reported on SCH A at all, assuming the property was classified as a rental for the entire tax year, or since you purchased it, if acquired in 2021.
I understand how it is treated on the Federal return. It is the state of Arkansas that I don't think the software is handling correctly.
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