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I live in a cooperative. I pay rent but my rent goes towards the property tax and mortgage interest. Do I file under rent or home ownership?

 
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IreneS
Intuit Alumni

I live in a cooperative. I pay rent but my rent goes towards the property tax and mortgage interest. Do I file under rent or home ownership?

You are considered a property owner and as such can deduct your portion of the co-op's property tax and mortgage interest as itemized deductions


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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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IreneS
Intuit Alumni

I live in a cooperative. I pay rent but my rent goes towards the property tax and mortgage interest. Do I file under rent or home ownership?

You are considered a property owner and as such can deduct your portion of the co-op's property tax and mortgage interest as itemized deductions


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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