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Updated over 2 years ago,

User Stats

237
Posts
46
Votes
Ron Singh
  • sf bay area
46
Votes |
237
Posts

tax deductible limit on rental properties

Ron Singh
  • sf bay area
Posted

are there any max limit on mortgage interest, property tax etc, which would stop you from getting tax deductions on rental properties you own ?

in other words say you own in your name (not llc):

primary residence : mortgage 750k

rental A : mortgage 750k

rental B : mortgage 750k

are you able to claim deductions on all three properties, I.e mortgage interest and property taxes ?

or there is any applicable max limit ? if so what id the limit

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