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# What types of expenses are deductible for my rental property?

1. **Operating expenses (not covered by the tenant)**: This includes regular costs related to property management, such as service charges, insurance, maintenance expenses, and management fees.

2. **Renovation costs**: All expenses related to the renovation of the property can be deducted. This includes repairs, upgrades, or improvements that increase the value or usability of the property.

3. **Depreciation of the property**: You can also deduct depreciation, which spreads the cost of the property over its useful life.

4. **Loan interest**: Interest paid on a loan taken out for the rental property is also tax-deductible.

You can find the full list of deductible expenses in your **taxx.lu** account under the section **“Rental income”**.