I have a client that has a land contract, i know you can deduct this like when owning a home from a 1098. you can deduct the interest and property taxes paid. what is the proper way to add this to pro series basic if you don't have a 1098?
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Schedule A has a section specifically for mortgage interest that is not on a 1098. Enter it there (you will need some information about the seller).
And just enter the real estate taxes in the appropriate section of Schedule A.
Schedule A has a section specifically for mortgage interest that is not on a 1098. Enter it there (you will need some information about the seller).
And just enter the real estate taxes in the appropriate section of Schedule A.
Thank you
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