Hal_Al
Level 15

Investors & landlords

@sonnet - Yes & No.

The property tax can be deducted.  Property tax on any real estate is deductible on Schedule A (itemized deductions).

Schedule A deductions for mortgage interest is only deductible on your primary and 2nd home. Investment interest (including mortgage interest on unproductive real estate) is deductible to the extent of investment income.