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Investors & landlords
you should get a tax pro to help you with all of this because it's not something you can deal with on your own. But if the homestead property is in trust it should be conveyed to you ASAP so you can deduct expenses like property taxes or else the trust has to pay the tax. Either way the tax paid does not get deducted on your father's final return.
‎April 12, 2023
9:58 AM