- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Rent expense that you paid to your landlord is not tax deductible for federal tax purposes. Some states give you a credit for rent paid, be sure to go through the state questions; if your state offers it, you will be asked about it.
To deduct mortgage interest (not principal) real estate taxes on your home, please visit Deductions & Credits section:
- Federal Taxes
- Deductions & Credits
- Your Home - you will see Mortgage Interest and Property Taxes sections
Note: The Rental Section in the TurboTax Premier is for individuals who receive rental income.
May 31, 2019
7:51 PM