Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Mortgage Interest - Proceeds from 1 Rental used for another....
We took a loan out against one of our rental properties and used the proceeds to both buy another, and fix up another. Where do I deduct the mortgage interest, on the original property used to secure the loan? or on the properties the loan was used for?