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Do we continue amortizing refinance point when home convert to rental property

hgtc
Level 5

Clients' home refinancing point is not fully amortized yet.  they convert this principal home to rental property in 2020.  Do we continue amortizing the unused points in Sch E?

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sjrcpa
Level 15

Yes

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

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1 Comment 1
sjrcpa
Level 15

Yes

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