Yes, if you own a rental property that you rent through Airbnb, the mortgage interest and HOA fees for that property are considered to be rental expenses.
If you are renting a portion of your own home where you live, then the mortgage interest and HOA fees will be prorated based on the portion of the home that is considered a rental property versus the portion of the home that is your residence. For example, if you rent 25% of your home, then you can claim 25% of the mortgage interest and 25% of the HOA fees as a rental expense. The other 75% is a personal expense. The 75% of the mortgage interest that is personal can be claimed on Schedule A as an itemized deduction for your personal residence.
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