What do I put for how much I owed on the first of this year when I have two 1098 forms because my mortgage was sold?

zacharythe1 · Jun 4, 2019 11:02:52 PM

<P>My mortgage was sold to another lender half way through the year. What do I put in for how much I owed on 1/1/19 for my first loan? It was sold during the year so would I put zero since I don't owe that bank money anymore?<BR /></P>

eric6688

Level 1

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

kristinacyr

New Member

daughter pays mortgage on 2nd home, file schedule E

in Deductions & credits

user17523314011

Returning Member

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

user17524531726

Level 1

best way to transfer home to son

in Retirement tax questions

eric6688

Level 1

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

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What do I put for how much I owed on the first of this year when I have two 1098 forms because my mortgage was sold?

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