To the landlord the mortgage interest is a business expense
Actually, to a business all of the mortgage is a business expense (as well as property taxes, upkeep costs etc.), and all of the rent is a revenue. Then you have to account for amortization, depreciation and what not. So, there is a lot of difference between a business and an individual homeowner, and no ceterus paribus to speak of.
Actually, to a business all of the mortgage is a business expense (as well as property taxes, upkeep costs etc.), and all of the rent is a revenue. Then you have to account for amortization, depreciation and what not. So, there is a lot of difference between a business and an individual homeowner, and no ceterus paribus to speak of.