In 1040, there is no entry/mention of taxes/interest for new house bought last year(as in form 1098). Schedule E has other property I have on rent. Did I missed anything?

Mortgage interest and property taxes on your new home are itemized deductions on Schedule A.

If the total of your itemized deductions is less than your standard deduction, it is more advantageous to use the standard deduction instead. And you do not see the itemized deductions on your 1040,

For 2018, standard deductions are:

For a taxpayer under 65, not claimed as a dependent

• $12,000 for Single
• $24,000 for Married Filing Jointly, or Qualifying Widow(er) with dependent child
• $18,000 for Head of Household
• $12,000 for Married Filing Separately
• If you are over 65 or blind, add $1,300 for each instance if married or add $1,600 each instance if single or head of household

Thanks for clarification. Appreciate your time and help!!

You're welcome!