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Can I write off the interest expense on my investment rental properties mortgage?

This is a discussion on Can I write off the interest expense on my investment rental properties mortgage? within the General Chat forums, part of the Main Category category; I currently live with my parents. I am interested in purchasing a condo and renting it out. I want to ...





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Old 06-08-2008, 03:14 PM   #1
Junior Member
 
Join Date: Jun 2008
Posts: 1

I currently live with my parents. I am interested in purchasing a condo and renting it out. I want to know if it is possible to claim the mortgage interest in my taxes, and if it is; How much of it can I claim?
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