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Investors & landlords
The seller is treated as paying the property taxes up to, but not including, the date of sale. You, as the buyer, are treated as paying the taxes beginning with the date of sale.
Therefore, you can deduct the (roughly) five months worth of taxes you paid.
See https://www.irs.gov/publications/p530#en_US_2018_publink100011841
‎September 5, 2019
12:35 PM
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