ThomasM125
Expert Alumni

Investors & landlords

The property taxes are not added to the basis of the property. They are a rental expense to be deducted against rental income. You will see an option for that when you set up the rental in TurboTax, where you enter the rental expenses.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"