Do I include in Deductions&Credits the mortgage interest paid for my 2nd home, that is a short term vacation home rental and used for personal use? or only on Sch. E?
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Do I include in Deductions&Credits the mortgage interest paid for my 2nd home, that is a short term vacation home rental and used for personal use? or only on Sch. E?
Do I only report mortgage interest paid for this 2nd home (since it's sometimes a rental) on Sch. E?
Do I include in Deductions&Credits the mortgage interest paid for my 2nd home, that is a short term vacation home rental and used for personal use? or only on Sch. E?
The program should allocate the interest between Schedule E and Schedule A (if applicable) based upon the number of rental use and personal use days you enter into the program.