☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 29, 2019 9:39:50 PM

Where to claim mortgage penalties for early payoff on a rental property sale?

0 1 721
1 Best answer
New Member
Oct 29, 2019 9:39:51 PM

You will include that as part of the "Outlays and Expenses" when you record the information for the capital gain/loss.  It will not be part of the rental income portion of your tax return.

1 Replies
New Member
Oct 29, 2019 9:39:51 PM

You will include that as part of the "Outlays and Expenses" when you record the information for the capital gain/loss.  It will not be part of the rental income portion of your tax return.