topic Can I deduct the down payment amount for a rental house purchase as a business expense for my surveying sole proprietorship if the money came out of my surveying income? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-deduct-the-down-payment-amount-for-a-rental-house-purchase-as-a-business-expense-for-my/01/377279#M15121 Tue, 04 Jun 2019 00:24:05 GMT mtwhitney 2019-06-04T00:24:05Z Can I deduct the down payment amount for a rental house purchase as a business expense for my surveying sole proprietorship if the money came out of my surveying income? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-deduct-the-down-payment-amount-for-a-rental-house-purchase-as-a-business-expense-for-my/01/377279#M15121 Tue, 04 Jun 2019 00:24:05 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-deduct-the-down-payment-amount-for-a-rental-house-purchase-as-a-business-expense-for-my/01/377279#M15121 mtwhitney 2019-06-04T00:24:05Z Unfortunately, you cannot deduct the downpayment for your... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/unfortunately-you-cannot-deduct-the-downpayment-for-your/01/377284#M15122 <P>Unfortunately, you cannot deduct the downpayment for your rental house purchase.&nbsp; However,&nbsp;you can&nbsp;expense (depreciate) the cost of your property, which would include your down payment&nbsp;over 27.5 years for a rental property.</P> Tue, 04 Jun 2019 00:24:06 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/unfortunately-you-cannot-deduct-the-downpayment-for-your/01/377284#M15122 AlanT 2019-06-04T00:24:06Z