topic Can i write off my down payment money i used toward purchasing investment vacant land in 2016 in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-write-off-my-down-payment-money-i-used-toward-purchasing-investment-vacant-land-in-2016/01/707668#M31425 Thu, 06 Jun 2019 13:56:29 GMT mrhoneydo1 2019-06-06T13:56:29Z Can i write off my down payment money i used toward purchasing investment vacant land in 2016 https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-write-off-my-down-payment-money-i-used-toward-purchasing-investment-vacant-land-in-2016/01/707668#M31425 Thu, 06 Jun 2019 13:56:29 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/can-i-write-off-my-down-payment-money-i-used-toward-purchasing-investment-vacant-land-in-2016/01/707668#M31425 mrhoneydo1 2019-06-06T13:56:29Z No.  That's your investment or basis in the land.  That's... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-that-s-your-investment-or-basis-in-the-land-that-s/01/707678#M31426 <P>No. &nbsp;That's your investment or basis in the land. &nbsp;That's not deductible. &nbsp;You can deduct the mortgage interest and real estate taxes.</P> Thu, 06 Jun 2019 13:56:31 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-that-s-your-investment-or-basis-in-the-land-that-s/01/707678#M31426 RichardG 2019-06-06T13:56:31Z