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Updated over 5 years ago on . Most recent reply
Can I deduct both mort. interest and depreciation from my taxes?
Greetings,
I'm getting some conflicting advice on this topic. Can I deduct both mortgage interest and depreciation from my rental property on my personal taxes?
Most Popular Reply

@Jason A. Yes, you can deduct all expenses related to your rental properties, including mortgage interest and depreciation, on Schedule E of your personal tax return. If you are house hacking, then only a portion of the mortgage interest can be deducted and only a portion of the house can be depreciated.