Posts Tagged Funny Thing

12.12.2008

How do I report interest in 2006 for an investment property sold in 2005?

Hi. I received a 1098 substitute form in the amount of $2000 for interest on an investment property loan. Funny thing is, I sold that property on Dec 30, 2005. So for my 2005 tax return, I submitted a form 4797 for the sale of the property. So maybe the loan wasn’t paid off right [...]