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posted Jun 4, 2019 8:39:09 PM

If I rent out the (1) home I own, should I be entering the same 1098 information twice for the same property? Meaning once as rental property & again as home I own?

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1 Best answer
Expert Alumni
Jun 4, 2019 8:39:10 PM

No, you should only be entering it once, as a rental expense.  Do not enter as an itemized deduction.

1 Replies
Expert Alumni
Jun 4, 2019 8:39:10 PM

No, you should only be entering it once, as a rental expense.  Do not enter as an itemized deduction.