https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-am-selling-a-rental-this-year-and-will-be-paying-a-proration-for-this-year-s-taxes-at-closing-i/01/603931#M26274 Thu, 06 Jun 2019 05:45:35 GMT rumor150 2019-06-06T05:45:35Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-am-selling-a-rental-this-year-and-will-be-paying-a-proration-for-this-year-s-taxes-at-closing-i/01/603931#M26274 Thu, 06 Jun 2019 05:45:35 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-am-selling-a-rental-this-year-and-will-be-paying-a-proration-for-this-year-s-taxes-at-closing-i/01/603931#M26274 rumor150 2019-06-06T05:45:35Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/as-the-seller-you-are-responsible-for-and-can-deduct-the/01/603941#M26275 <P>As the seller, you are responsible for and can deduct the property taxes that cover the time period up to, but not including, the date of closing.&nbsp; If your prorated payment corresponds to that time period, you can deduct it on this year's return.&nbsp; If the taxes are for a rental property, they are deducted as a rental expense on Schedule E.</P> Thu, 06 Jun 2019 05:45:36 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/as-the-seller-you-are-responsible-for-and-can-deduct-the/01/603941#M26275 TomD8 2019-06-06T05:45:36Z