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    If you borrow against personal residence to purchase a rental can you allocate(deduct) the interest on schedule E?

    daisy67
    Level 1
    ‎12-07-2019 08:18 AM
     
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    sjrcpa
    Level 15
    ‎12-07-2019 08:18 AM

    The interest tracing rules allow you to do that.

    The more I know, the more I don't know.

    View solution in original post

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    1 Comment 1
    sjrcpa
    Level 15
    ‎12-07-2019 08:18 AM

    The interest tracing rules allow you to do that.

    The more I know, the more I don't know.
    0 Cheers
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