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My home mortgage was sold from Capital One to Rushmore Mortgage in 2018. Do I report each mortgage separately or as one?

My home mortgage was sold by Capital One to Rushmore Mortgage in August 2018. Do I enter each mortgage separately to combined? If separately, do I report the Capital One mortgage as paid off in August 2018? I concerned that TurboTax will add the 2 mortgages together showing twice as much debt as I actually have. How should I enter this?

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1 Reply
Ashby
New Member

My home mortgage was sold from Capital One to Rushmore Mortgage in 2018. Do I report each mortgage separately or as one?

You report them separately and the Cap One mortgage would have a zero ending balance.

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