topic If i charge X amount of rent on my rental property, and pay Y amount on mortgage, is the Rental Income X-Y, or the whole amount X? in Investors & landlords

If i charge X amount of rent on my rental property, and pay Y amount on mortgage, is the Rental Income X-Y, or the whole amount X?

marco1jr — Mon, 03 Jun 2019 19:11:52 GMT

The whole amount, X. After reporting your gross rental in...

Hal_Al — Mon, 03 Jun 2019 19:11:54 GMT

The whole amount, X.

After reporting your gross rental income, you will then deduct your expenses. Expenses will include mortgage interest (not the whole mortgage payment) and depreciation.