Investors & landlords

You are mixing up apples and oranges ... first  the rentals are reported on the Sch E and you may have an overall loss on that form.   

 

THEN  you are allowed the larger of the Sch A (itemized deductions)  or the standard deduction.   

 

The expenses for the rentals on the Sch E  do not   ALSO go on the Sch A.  These are totally separate situations on the tax return.   

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