About Jrdub

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Re: Deducting interest

So, it sounds like I can use as an unsecured loan and claim the interest as a business expense for the rental property. Do I have that right?

Jrdub

1

Updated Nov 16, 2022
Re: Deducting interest

Does the interest tracing rules apply if I used the proceeds of the loan within 30 days?

Jrdub

Updated Nov 16, 2022
Re: Deducting interest

Even if it's considered a "passive activity interest"?

Jrdub

6

Updated Nov 16, 2022

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Posted Re: Deducting interest on Get your taxes done using TurboTax. ‎November 16, 2022 4:57 PM
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Date Registered	‎November 10, 2022 5:37 AM
Date Last Visited	‎November 16, 2022 7:23 PM
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