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Kane127
Mar 7, 2008, 10:38 PM
When an individual rents a house, are they allowed to use that as a tax deduction? If so, what Georgia form does that require to do so?

charlotte234s
Mar 8, 2008, 12:54 AM
No, paying for your own rental home is not a tax deduction, it's like paying your phone bill or paying for groceries, it's not tax-deductible.

s_cianci
Mar 8, 2008, 06:19 AM
On the federal level, no. I don't know about individual states.

Fr_Chuck
Mar 8, 2008, 08:56 AM
No, in GA ( or any state that I know of) house rental is not deductable, only interest on the mortgage when you are buying,
Even buying a home, your payments are not deductable.