I paid a lump sum entrance fee to my retirement community and now pay monthly rental which includes a portion of the real estate tax for the facility. The community has provided me a statement of my allotted amount for the PA Property Tax / Rent Rebate program. Can I treat this as a property tax for federal tax?
You'll need to sign in or create an account to connect with an expert.
No. You can only claim the property tax deduction if you are liable for the debt.
As you are not an owner, you are not liable for the debt.
For more information, follow this link:
https://www.irs.gov/publications/p530No. You can only claim the property tax deduction if you are liable for the debt.
As you are not an owner, you are not liable for the debt.
For more information, follow this link:
https://www.irs.gov/publications/p530Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
don321
Returning Member
egryn
New Member
jamestax
Returning Member
Raph
Community Manager
Ahawk
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.