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Where do I enter the mortgage interest for a short term capital gain investment property? I bought and sold real property in 2018. Is this mortgage interest deductible

 
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Where do I enter the mortgage interest for a short term capital gain investment property? I bought and sold real property in 2018. Is this mortgage interest deductible

You can deduct the interest as Investment Interest Expenses (see screenshot) but note that there are limitations, such as you must itemize your deductions on Schedule A and also have sufficient investment income to cover the amount of the expense (read the guidance in the screenshot).

 

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