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Where do I claim mortgage interest
On the mortgage paid between my husband and I we have 7072.23 of interest paid during the period, where do I claim it ?
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October 29, 2019
8:11 PM
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Investors and rental owners
Mortgage interest is considered a personal expense and therefore is not deductible unless the property is used for earning rental income or business income.
October 29, 2019
8:11 PM
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Investors and rental owners
Is the property a rental or business? This will determine WHERE the interest should be claimed
October 29, 2019
8:11 PM