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Sketchy Topic - Buying Second House (Edit)
I'm new to these forums but so far enjoyed reading what everyone has posted here.
I am very new to real estate investing, I bought a house in Feb 06 and lived in it with roommates most of the year. I'm almost 25 yrs old. I have since moved out and live in OK City area now (bought house in South Dakota).
I'm wondering if I should file a schedule A or a schedule E. Considering I did not keep track of any rental activity in 2006, i was thinking of just going with the schedule A. I would like to get the most refund I can, but at the same time I want to look good to the lenders for my next purchase.
Thanks for any input. I'll be a regular here.