Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
Can You Deduct Property Tax and Homeowners Insurance?
I just finished a chapter in the Tax Strategies for the Savvy Real Estate Investor and it caught my eye when it said you can deduct Property Tax and Homeowners Insurance. I do not have any rental properties yet but anytime I've checked into deducting these two items for our primary residence, I was always told you can't do that. Are these deductions for rental properties only?