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New Member
posted Mar 2, 2023 8:25:05 AM

What qualifies as other property expenses? do you input your monthly mortgage payment?

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Level 4
Mar 3, 2023 9:30:25 AM

You can only claim these expenses on the rental property and you can put expenses like mortgage interest (but not principal), property taxes, utility costs, house insurance, maintenance costs, advertising, and property management fees, etc.  You can only claim the interest on the mortgage not the monthly principal payment. For more information about what you can include in other property expenses, please see our TurboTax article : Claiming Expenses on Rental Properties.

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