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johnfosterjr
New Member

What's the difference between "Mortgage Interest Qualified" and "Mortgage Interest Other" with a rental property?

 
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TurtleAnna
Level 4

What's the difference between "Mortgage Interest Qualified" and "Mortgage Interest Other" with a rental property?

The qualified mortgage interest line is used for mortgage interest that would be deductible as an itemized deduction on Schedule A if the personal portion of the rental qualifies as your first or second residence.

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TurtleAnna
Level 4

What's the difference between "Mortgage Interest Qualified" and "Mortgage Interest Other" with a rental property?

The qualified mortgage interest line is used for mortgage interest that would be deductible as an itemized deduction on Schedule A if the personal portion of the rental qualifies as your first or second residence.

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