<\/span><\/h2>\nYou can deduct a variety of expenses related to your rental property in 2017, including:<\/strong><\/p>\n1. Mortgage interest: You can deduct the interest you pay on your rental property loan.
\n2. Property taxes: You can deduct the property taxes you pay on your rental property.
\n3. Repairs and maintenance: Costs incurred for repairs and general upkeep of the property are deductible.
\n4. Insurance premiums: Premiums paid for insurance on the rental property can be deducted.
\n5. Depreciation: You can deduct a portion of the cost of the property over time through depreciation.
\n6. Utilities: If you cover utilities for the property, you can deduct those expenses.
\n7. Advertising: Costs associated with advertising the property for rent are deductible.
\n8. Property management fees: Fees paid to a property management company are deductible.
\n9. Legal and professional fees: Fees paid to attorneys, accountants, or other professionals for rental property-related services can be deducted.
\n10. Travel expenses: You can deduct travel expenses related to managing your rental property.
\n11. Home office expenses: If you have a dedicated home office for managing your rental property, you can deduct associated expenses.
\n12. Supplies: Costs for supplies used in the maintenance and management of the property are deductible.<\/p>\n