Question
What rental expenses can I deduct on California return for out of state property? TurboTax only brought in "other expenses". Can interest, prop tax, etc be deducted too?
Under "Other Expenses - Rental Use Only", TurboTax reads, "In addition to what's listed below, you can enter any additional expenses that can be deducted on your state return."
TurboTax only brought in "other expenses" but I would like to know if interest, property, insurance and other expenses related to the rental property located outside of California can be deducted on the California return.
