Mortgage Interest

I receives a 2019 Form 1098 for rental property I sold in 2018. How do I deduct it?

Best answer by KarenM90

If you paid mortgage interest during 2019 on the property, you may be able to deduct it as an additional itemized deduction (mortgage interest)

Here is a link with more details: Deductible Mortgage Interest

If you did not actually pay mortgage interest in 2019 on the property, and the1098 is in error, you cannot take the deduction.

edited (KarenM90 2/16/2020 12:51pm)

Level 11

If you paid mortgage interest during 2019 on the property, you may be able to deduct it as an additional itemized deduction (mortgage interest)

Here is a link with more details: Deductible Mortgage Interest

If you did not actually pay mortgage interest in 2019 on the property, and the1098 is in error, you cannot take the deduction.

edited (KarenM90 2/16/2020 12:51pm)

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