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June 4, 2019
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If I purchase ranch land in Nebraska and lease it out can I deduct the interest I pay on the loan?

  • June 4, 2019
  • 1 reply
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Best answer by gehinious

Yes, loan interest is a deductible expense for a landlord/lessor.

1 reply

gehiniousAnswer
June 4, 2019

Yes, loan interest is a deductible expense for a landlord/lessor.