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Is the interest paid on investment property tax-deductible?

April 26, 2017Investment paid Property tax-deductible

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Is the interest paid on investment property tax-deductible?

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You can deduct the interest on investment properties on Schedule E along with your other expenses related to renting out the investment property. If it is a second home, then you would be able to deduct the interest on Schedule A along with your principal residence.