Principal balance for 2-family house

[flamingvan]

I own a 2-family house where I live in one unit and rent the other.  In the personal deductions and credits section, when I enter the principal balance of my loan (both beginning and end-of-year) should I only enter the percentage which pertains to the owner-occupied unit?

[Ashby · Accepted solution]

That's correct, you will want to save the other part for your Schedule E rental expenses,