Investors & landlords

Foreign real property taxes are not deductible as an itemized deduction on schedule A for tax years 2018-2015.  

26 IRC section 164(b)(6) and the TCJA page 131.  https://www.law.cornell.edu/uscode/text/26/164

 

Nothing in the TCJA says that foreign property taxes assessed on rental real estate can't be deducted as a rental expense.