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Deductions & credits
Your reply to the question below was so organized and detailed. I have a question as a single filer, if I have a second home that I DO NOT rent out, can I deduct 100% of the property tax?
The 1st home is jointly held by me and my brother and he does not take any of the property tax from this 1st home as a deduction so can I take 100% of home 1 and 2's property tax as a deduction. Hope my overview makes sense. Thank you. JJ
"My wife and I purchased an investment property 16 miles from our primary home in 2019..." Now their mother is moving into it.
March 28, 2023
1:57 PM