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 about 2 years ago on . Most recent reply
Property Tax deduction on investment property
Had a question about deduction of property taxes on investment property.
So the limit of property tax deduction on personal home is $10K.
Is the deduction of property tax on investment property counted separate?
Meaning, if I am already deducting $10K on my personal property, can I also deduct $10K from my investment property. Or is the $10k limit inclusive of all properties (personal+ investment)
Most Popular Reply
@Gaurav Mehta
There is no cap on investment property for deducting property taxes.