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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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DDollar
Expert Alumni

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

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.

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DDollar
Expert Alumni

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

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.

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