It doesn't matter if you're using a management company. If you own rental property, everything (and I do mean everything) concerning that property is reported on SCH E. You can't claim any rental expenses (including mortgage interest and depreciation) on your SCH A. It all *has* to be reported on the SCH E.
This is because rental income is passive, and therefore the rental expenses can only be deducted from that passive income. Whereas deductions claimed on SCH A are deducted from non-passive income.
