VenuR
Level 3
09-21-2023
10:45 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
My client has a one-third partnership interest in a Dialysis center and had to borrow from a bank for tenant improvements. She paid about $21,000 in interest for 2022. The income/loss is reported using Schedule E. How can she report & deduct the loan interest she paid to the bank on that loan?
Thanks.
Best Answer Click here
Labels