Tax deductions on a purchase of an investment property llc

[John Brown]

Hi Everyone! I am brand new to the forum and had a relatively quick question, but could not find the answer anywhere online. Here goes:

I have a growing business ( llc) (nothing to do with investment properties and currently don't own any) which will clear after costs and other deductions slightly more than 500k this year. Can I purchase an investment property through the business and write off the down payment plus other expenses (example: buy a 500k home and put down 20% is that 100k deductible making the taxable income only 400k?

Any insights or other advice would be much appreciated! The closest to anything I have found online was this website so hopefully you guys can help. Thanks!