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You would enter the total amount the tenants paid as compensation for renting the premises; the difference between the mortgage payment and tenant's payment is irrelevant.
You can, of course, deduct the interest paid on the mortgage (as well as other expenses) from the gross rental income you received.
You would enter the total amount the tenants paid as compensation for renting the premises; the difference between the mortgage payment and tenant's payment is irrelevant.
You can, of course, deduct the interest paid on the mortgage (as well as other expenses) from the gross rental income you received.
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