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We lent money to our 2 daughters to buy a vacation house together. Do we fill out one form 1098 with both names on it? do they each get one with half amounts

As the lender, we must fill out the 1098 form
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We lent money to our 2 daughters to buy a vacation house together. Do we fill out one form 1098 with both names on it? do they each get one with half amounts

No you do not issue a Form 1098.

See IRS Form 1098 instructions on page 2 (Who must File) - https://www.irs.gov/pub/irs-pdf/i1098.pdf

You are not required to file this form if the interest is not received in the course of your trade or business. For example, you hold the mortgage on your former personal residence. The buyer makes mortgage payments to you. You are not required to file Form 1098.

We lent money to our 2 daughters to buy a vacation house together. Do we fill out one form 1098 with both names on it? do they each get one with half amounts

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