Do I use all home acquisition debt including rental property debt in Publication 936 worksheet Part 1/Line 2 box 2, or just home acquisition debt for primary residence?

ccbkm — Sat, 01 Jun 2019 17:54:46 GMT

Using the worksheet for IRS publication 936 on adjusted Mortgage interest, wanted to know if for Line #2 in Part 1 of "Qualified Loan Limit, do I use both our rental home acquisition debt and our primary residence home acquisition debt for box 2 of line 2, or would this just be the primary since the mortgage interest for the rental is being reported separately in Schedule E?

You just use the primary residence home acquisition debt....

StacyC — Sat, 01 Jun 2019 17:54:47 GMT

You just use the primary residence home acquisition debt. The limitation being calculated on that worksheet is just for your personal mortgages, not the rental mortgage.

topic Do I use all home acquisition debt including rental property debt in Publication 936 worksheet Part 1/Line 2 box 2, or just home acquisition debt for primary residence? in Investors & landlords

Do I use all home acquisition debt including rental property debt in Publication 936 worksheet Part 1/Line 2 box 2, or just home acquisition debt for primary residence?

You just use the primary residence home acquisition debt....