djliska
New Member

If I live in an owner occupied duplex, can I still claim part of my insurance, property taxes, and mortgage interest under rental property expenses?

 
Hal_Al
Level 15

Investors & landlords

Yes. You prorate the expenses based on the unit sizes. For example if the total building is 1000 square feet (sf) and your unit is 600 sf; then 40% of the insurance, taxes and mortgage are deducted as rental expenses on schedule E

View solution in original post