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Rental COOP mortgage interest and property tax expenses deduction.
I am renting out a COOP apartment in NYC. The COOP issued the form 1098 for the mortgage interest, and property tax. I don't have my personal mortgage for this apartment. I am deducting the full amount of the monthly maintenance fee as the expense. Since some parts of the monthly maintenance are already including the COOP mortgage interest, and property tax, can I still enter these amounts as the tax and mortgage interest expenses in 1040 Schedule E(Line 12 and line 16)?
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‎June 4, 2019
5:25 PM