I bought an investment property, can I deduct the down payment
commercial property
015302
1 Replies
Marketstar
Level 7
May 31, 2019 5:34:26 PM
No, you cannot deduct the down payment, but you can expense the cost of your property, (depreciate) which would include your down payment over 27.5 years for a rental property and 39 years for other commercial property.