Own 2 homes in wi- can deduct both property taxes?

lovedimango — Tue, 04 Jun 2019 21:49:55 GMT

Yes. You can deduct property taxes on your second home,...

TomK — Tue, 04 Jun 2019 21:49:57 GMT

Yes. You can deduct property taxes on your second home, too. In fact, unlike the mortgage interest rule, you can deduct property taxes paid on any number of homes you own. however, beginning in 2018, the total of all state and local taxes deducted, including property taxes, is limited to $10,000 per tax return ($5,00 for couples filing separately).

Buying a Second Home—Tax Tips for Homeowners: https://turbotax.intuit.com/tax-tips/home-ownership/buying-a-second-home-tax-tips-for-homeowners/L5Mzc5URo

https://ttlc.intuit.com/replies/3300663

[Edited 4/01/18 | 3:46p]

Please see updated answer.

TomK — Tue, 04 Jun 2019 21:49:59 GMT

Please see updated answer.

topic Please see updated answer. in Deductions & credits

Own 2 homes in wi- can deduct both property taxes?

Yes. You can deduct property taxes on your second home,...

Please see updated answer.