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harrell-dave
New Member

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

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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TomD8
Level 15

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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