Mortgage Interest

AVDiToto · ‎February 16, 2020

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

KarenM90 · ‎February 16, 2020

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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KarenM90 · ‎February 16, 2020

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)

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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