MargaretL
Expert Alumni

Investors & landlords

Please enter only the rental portion of the real estate taxes as your rental expense. The remaining amount is your personal expense written off in Deductions & Credits section (just like mortgage interest). The same applies to any other expenses... for example utilities. If you paid utilities as a landlord and then as you lived there, you would allocate the annual utilities amount between rental portion (deductible as rental expense) and personal amount (not deductible at all).

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