I have a rental property that runs at a loss, the house payment is more then what I take in rent, how do I claim that loss?

posted

Connect with an expert

1 Best answer

Accepted Solutions

I have a rental property that runs at a loss, the house payment is more then what I take in rent, how do I claim that loss?

Your mortgage payment is not deductible, only the interest on the mortgage.

View solution in original post

1 Reply

I have a rental property that runs at a loss, the house payment is more then what I take in rent, how do I claim that loss?

Your mortgage payment is not deductible, only the interest on the mortgage.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post