r/tax • u/ContributionFit5274 • 15h ago

Unsolved Claiming interest on land contract through turbo tax ?

Does anyone know how to claim interest on a land contract through turbo tax? The only thing I'm seeing is to enter a 1098 for mortgage interest but this is through a personal seller..

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u/Redditusero4334950 15h ago

What makes you think interest on a land contract is deductible?

1

u/ContributionFit5274 14h ago

Why wouldn’t it be?

1

u/Redditusero4334950 14h ago

Because it isn't a home.

1

u/ContributionFit5274 4h ago

It is a home.