- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
You can deduct the mortgage interest on Schedule A (if you itemize), subject to limitations.
You can deduct the interest on Schedule E if you used the proceeds of the loan to buy, build, or improve your rental (which, according to the facts you set forth, does not appear to be the case).
‎December 9, 2020
9:23 AM