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    harrell-dave
    New Member
    posted
    ‎June 3, 2019 10:13 AM
    last updated ‎June 03, 2019 10:13 AM

    I had a tenant break their lease on a rented house and had a 4 month vacancy. Can I deduct my lost rent or mortgage payment as an expense?

     
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    TomD8
    Level 15
    Level 15
    ‎June 3, 2019 10:13 AM

    I had a tenant break their lease on a rented house and had a 4 month vacancy. Can I deduct my lost rent or mortgage payment as an expense?

    You can't deduct lost rent.  You can deduct mortgage interest.

    **Answers are correct to the best of my ability but do not constitute tax or legal advice.

    View solution in original post

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    TomD8
    Level 15
    Level 15
    ‎June 3, 2019 10:13 AM

    I had a tenant break their lease on a rented house and had a 4 month vacancy. Can I deduct my lost rent or mortgage payment as an expense?

    You can't deduct lost rent.  You can deduct mortgage interest.

    **Answers are correct to the best of my ability but do not constitute tax or legal advice.
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