Solved: I have raw land I bought as an investment. Can I deduct the property tax, and if so, where? I tried schedule E, but since I receive to rents or royalties, TurboTax won’t let me use it. Is it a pe
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I have raw land I bought as an investment. Can I deduct the property tax, and if so, where? I tried schedule E, but since I receive to rents or royalties, TurboTax won’t let me use it. Is it a pe

 
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New Member

I have raw land I bought as an investment. Can I deduct the property tax, and if so, where? I tried schedule E, but since I receive to rents or royalties, TurboTax won’t let me use it. Is it a pe

It is personal RE taxes and will be entered on Schedule A. It is not rental property.

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Highlighted
New Member

I have raw land I bought as an investment. Can I deduct the property tax, and if so, where? I tried schedule E, but since I receive to rents or royalties, TurboTax won’t let me use it. Is it a pe

It is personal RE taxes and will be entered on Schedule A. It is not rental property.

View solution in original post

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