Mortgage interest on a rental property
I have a rental home with a mortgage on it. I recall normally counting my mortgage interest against my rental income and offsetting my net income from the rental. However, the TurboTax software asks me again for mortgage information in the deductions section. Isn't this essentially counting my mortgage interest twice? I recall there being an option to choose "this is a rental property" which shuts down that option. But there isn't such an option this year. Just wondering what I should do.