Why is everyone, on a subreddit dedicated to real estate, missing the incredibly basic fact that you get to deduct interest on a property you rent as a business expense and not a personal one subject to itemizing deductions or not?
Itemizing deductions comes after you deal with business expenses on a schedule C or on another business tax form if you’re organized differently.
If you pay $1 in mortgage interest on a rental property that you don’t personally use you can still deduct that $1 and also take the standard deduction. Because the two things are unrelated. Interest on a rental property is not treated like interest on a personal home.