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fredshaw56
Employee
June 4, 2019
Solved

Can I deduct Mortgage Payments I am making on the Property I am renting out?

  • June 4, 2019
  • 1 reply
  • 0 views
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    Best answer by KarenJ2

    Yes, you can deduct the mortgage interest as a rental expense to help offset rental income.

    [Edited 03.27.19 | 11:03 am]

    1 reply

    K
    KarenJ2Answer
    June 4, 2019

    Yes, you can deduct the mortgage interest as a rental expense to help offset rental income.

    [Edited 03.27.19 | 11:03 am]

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    SweetieJean
    Employee
    June 4, 2019
    You can deduct mortgage interest only, not principal.
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