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Subject:  Re: Another Rental Property Question Date:  4/14/2008  6:56 AM
Author:  TMFPMarti Number:  100295 of 123001

1) The mortgage interests that I pay for the rental property is only calculated against my rental property income and cannot help lower my regular salary income tax?

2) Basically the same question: the property tax for the rental is regarded only as expense for the rental property?

Kinda, sorta. These items begin their income tax li