Why is mortgage interest on my rental property quesion have the lender name prefilled out 2 times with (2023) and (2022) next to it? I need to report 2024 in Investors & landlords
I converted my primary home to rental. I moved out 11/15 and the property was rented out on 12/1. Day rented is 31 days. Is personal use start from 1/1 to 11/15? in Investors & landlords
My son lives in my 2nd home year round and pays the mortgage which is a lot less than fair rental prices. Do I report it as income or is this a case of cost sharing with a close family member? in Investors & landlords
We are co-owner to a primary home with ownership of 50/50. When we report mortgage interest and property tax do we divide the number by half? in Deductions & credits