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Updated almost 4 years ago,

User Stats

236
Posts
140
Votes
Carl Hebert
  • Rental Property Investor
  • Auburn, ME
140
Votes |
236
Posts

Commercial Term Loan and Schedule E - Mulitple properties

Carl Hebert
  • Rental Property Investor
  • Auburn, ME
Posted

We refinanced last year (2020) and acquired a commercial term loan that grouped all our properties into one loan. 

Question is when we do our schedule e for taxes, can we list as one loan or do we have to break it down into each property?

Using Turbotax. 

Trying to claim the costs associated with getting the loan, ie closing costs etc.

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