I took out a loan from 401K for the downpayment of a rental property. Can I deduct the loan repayment from rental income?

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I took out a loan from 401K for the downpayment of a rental property. Can I deduct the loan repayment from rental income?

No. You just depreciate the property over time. And any mortgage interest paid.

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I took out a loan from 401K for the downpayment of a rental property. Can I deduct the loan repayment from rental income?

No. You just depreciate the property over time. And any mortgage interest paid.

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