Can I expense a prorated amount of my mortgage interest and property taxes on land I rent at/on my primary residence?

[gi9gles]

I rent out 25% of my land at primary residence to a farmer who farms it and pays rent for using that land on my property. My question is, can I expense a prorated amount (25%) of my mortgage interest and property taxes on the land I rent out to the farmer at my primary residence?  I would put 25% of the prorated amount for each (mortgage interest and property taxes) on Schedule E and then the other 75% on Schedule A.  Can this be done and is this how I do that? 

Here is how I would split it and prorate it: 

Schedule E:

25% of Mortgage Interest 

25% of Property Taxes (Real Estate Taxes)

25% of Insurance 

Schedule A:

75% of Mortgage Interest 

75% of Property Taxes (Real Estate Taxes)

75% of Insurance 

[MinhT1]

Yes, if you estimate that the value of the land rented is 25% of the total value of your property.

Please note that insurance is not deductible on Schedule A, and would normally not applicable to land on Schedule E either.

Please read this IRS publication, paragraph on Renting Part of Property on page 23.