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Wally changed his home to rental use on August 1st of the current tax year. He paid his full annual property insurance premium in February.
Wally changed his home to rental use on August 1st of the current tax year. He paid his full annual property insurance premium in February.
Since his main home changed to rental use, where will Wally deduct the mortgage interest and real estate taxes on his tax return?
a) Schedule E
b) Schedule A
c) Schedules A and E
d) Form 2106 as an unreimbursed business expense
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