topic Mortgage Interest earned in Investors & landlords

Mortgage Interest earned

Flaguy — Tue, 10 Feb 2026 09:38:10 GMT

I own a mortgage on a home that I have recently sold How do I create a form 1098 for the borrower?

Re: Mortgage Interest earned

Carl — Tue, 23 Jan 2024 21:56:13 GMT

There is no way in TTX to create a 1098. However, it is perfectly acceptable to the IRS for you to send the borrower a "letter in lieu of 1098-Mortgage Interest Statement". The letter just needs to include on the information that would be on a 1098, if you had the means to actually issue one.

Re: Mortgage Interest earned

Flaguy — Fri, 26 Jan 2024 13:51:30 GMT

Thank you.