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Investors & landlords
@sonnet - Yes & No.
The property tax can be deducted. Property tax on any real estate is deductible on Schedule A (itemized deductions).
Schedule A deductions for mortgage interest is only deductible on your primary and 2nd home. Investment interest (including mortgage interest on unproductive real estate) is deductible to the extent of investment income.
‎January 7, 2020
10:18 AM