topic Mortgage Interest on Schedule E in Investors & landlords

Mortgage Interest on Schedule E

elviking — Mon, 13 Apr 2020 03:58:15 GMT

I have reported my mortgage interest from form 1098 for my rental property on Schedule E. I believe that I then do not enter it on Schedule A, is that correct? It was 100% a rental for 2019, no personal use.

Thanks.

Re: Mortgage Interest on Schedule E

Anonymous — Mon, 13 Apr 2020 07:10:49 GMT

you are correct.

Re: Mortgage Interest on Schedule E

elviking — Mon, 13 Apr 2020 16:42:23 GMT

Thanks. Thats what I thought. First time with rental property on my taxes.