I purchased a vacant parcel of land in 2024, no buildings. ( State of Maryland)
Not sure exactly what I will do with it yet.
Seller took back $250,000 buyback mortgage. I pay them directly monthly. P&I
We have a loan agreement set up by the settlement attorney.
Can I deduct the mortgage interest I pay them on my tax return.
If so, where on Turbo Tax do I enter this?
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