All Forum Posts by: Prempal Singh

I had bought a rental property in 2010, 50% down, about $4000 closing cost. Last year (2013) I paid off the rest of the 50% to be able to take loan for other rentals.

Since i paid off the loan, i will not be amortizing the closing cost anymore. How would i enter into Turbo Tax to ensure Remaiing from the $4000 is all taken into consideration in 2013 return.