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Updated over 15 years ago on . Most recent reply

User Stats

132
Posts
30
Votes
Brad Z.
  • Investor
30
Votes |
132
Posts

Recording Mortgage Payments

Brad Z.
  • Investor
Posted

I got to thinking about mortgage payments and how they are recoreded for tax purposes (P&L). Is just the interest portion tax deductable or the entire payment? Do you record your entire mortgage payments monthly as expenses or just enter the interest paid from the tax form at the end of the year as a deduction?

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