About ZorbaWL

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Re: Mortgage Interest Deduction for a Coop

This is complicated. When purchasing the coop (which is an apartment), I took out a mortgage. This is like purchasing a home for which I do receive a 1098. The ...

ZorbaWL

3

Updated Apr 13, 2025
Re: Mortgage Interest Deduction for a Coop

Thanks for the reply. Unfortunately, the origination date and outstanding mortgage principal are not available. Because this is a coop, not a single home mortga...

ZorbaWL

5

Updated Apr 13, 2025
Re: Mortgage Interest Deduction for a Coop

The CPA firm actually does not calculate the interest for every unit in the coop. They send out a standard letter to every owner of the coop. Each owner has a n...

ZorbaWL

7

Updated Apr 13, 2025
Re: Where do I find 'Other Interest Paid' in the Mortgage Deduction ...

Yes, I did go thru these steps. However, the next steps will continue to ask exactly the same questions as a regular 1098, e.g., Origination Date, which I do no...

ZorbaWL

1

Updated Feb 26, 2025
Re: Where do I find 'Other Interest Paid' in the Mortgage Deduction ...

What you stated above is for the entry using a 1098 form. Can you provide information on entering mortgage interest without any 1098 form? If filing manually, I...

ZorbaWL

3

Updated Feb 26, 2025

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Date Registered	‎March 8, 2022 1:01 PM
Date Last Visited	‎March 6, 2025 8:38 PM
Total Messages Posted	9

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