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June 6, 2019
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I have a reverse mortgage on our home can i deduct property taxes

  • June 6, 2019
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Yes, if you personally pay the property taxes. 

  • When you take out a reverse mortgage, the title to your home remains with you and you continue to live in the home. You must continue to pay for repairs, property insurance, and taxes.
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Answer
June 6, 2019

Yes, if you personally pay the property taxes. 

  • When you take out a reverse mortgage, the title to your home remains with you and you continue to live in the home. You must continue to pay for repairs, property insurance, and taxes.
Related information: