Property tax is’nt part of rental expenses, right?

Property tax is’nt part of rental expenses, right? by Tom on February 14, 2019 @13:15

I rent a few rooms in my house. When filing 1040 SE , I did not see where I can treat portion of property tax as rental expense. I donknow I can get max of $10k as personal property tax deduction though. But I am surprised that property tax related to rented rooms is not considered as expenses as mortgage. Is this true? THank you in advance for you confirmation.

Tom

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Re: Property tax is’nt part of rental expenses, right? by Brad on February 15, 2019 @10:53	[ Reply ]

I write off my property tax as an expense along with mortgage interest. When using Turbo Tax, it asks to input that amount when figuring rental expenses.

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Re: Property tax is’nt part of rental expenses, right? by Adeline on March 26, 2019 @09:41	[ Reply ]

It is great information regarding the property tax. Every tenant should have knowledge regarding this tax so that they can calculate it according to their property. It is also an important part of any property. In this matter, it is very important to take advice from the experts. There are some rules for that, we need to follow it for buying and renting any property. This information will be helpful to everyone. I am a researcher and I am doing research for different topics. https://assignmenthelpuk.com is a good website which helping me throughout for my project work.

Property tax is’nt part of rental expenses, right? - Landlord Forum thread 359052