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If I own my house and 2 rentals, are the taxes for all 3 included in the $10K limit, or is there a place on schedule E to count them as rental expenses?
My personal residence taxes are less than $10,000 but the property tax on the 2 rentals takes me over the $10,000 limit. Turbo Tax shows the Property tax capped at $10,000. Schedule E is is not yet available for 2020.
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‎December 3, 2020
6:36 AM