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Level 2
June 4, 2019
Solved

We live in a CCRC where we pay a monthly fee. A portion of this fee covers our annual RE tax. Is this or any portion of it deductible?

  • June 4, 2019
  • 1 reply
  • 1 view
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Best answer by ahilson

You are able to deduct the portion that was specifically used for real estate taxes.

1 reply

ahilsonAnswer
Level 5
June 4, 2019

You are able to deduct the portion that was specifically used for real estate taxes.

Level 15
June 4, 2019
If part of that monthly fee covers medical care you can also use that as an itemized medical deduction subject to the 7.5% threshold.