- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Using your example, it would be 50/50. The portion of interest and taxes applicable to the portion you reside in would be an itemized deduction. The portion for the rental unit (plus depreciation, repairs, and other costs would be on Schedule E. Don’t forget to apportion the insurance expense between the two units.
November 13, 2019
10:13 AM