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posted Jun 4, 2019 5:06:27 PM

If I take a loan against my rental property can I use the loan interest as a write off against my rental earnings?

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1 Best answer
Expert Alumni
Jun 4, 2019 5:06:28 PM

Yes.  If you take out a mortgage loan secured by the rental property, you can deduct the interest on that loan as a rental expense.

1 Replies
Expert Alumni
Jun 4, 2019 5:06:28 PM

Yes.  If you take out a mortgage loan secured by the rental property, you can deduct the interest on that loan as a rental expense.