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Updated almost 4 years ago,
Property Tax on Tax Return
Hello BP - I'm closing out my first year as a new Landlord and I'm working on my tax preparations using TurboTax - Business for my LLC. My question is how to claim my Property Tax on my rental property. It looks like there are 2 places to enter the property tax: a) Form 1065 Line 14 and b) Form 8825 Line 11. I'm assuming I should claim it on 8825 rather than on the 1065 since it was tax on the rental property itself as opposed to property tax on an office for my business. Are there any experts out there that can confirm?
Thanks