Can I Claim Mortgage Interest On Rental!

Please help, I am new to REI and I have a few rentals now. Come tax time can I claim my mortgage interest on my rentals? All of it? Certain percentage?
Any help or guidance is greatly appreciated.

Comments(3)

  • kenmax23rd July, 2004

    the last time i was in rentals you could deduct the mort. interest but you also had to claim the income but that was several years ago and the taxes change so often. you need to post this in the "tax/tax strategy" forum. you can get more replies there........kenmax

  • c5hardtop23rd July, 2004

    Of course....

  • mtnfrk4evr23rd July, 2004

    Thank you very much for all your assistance!

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