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Returning Member

Co-op taxes SALT deduction

Is anyone using line 6 (instead of 5b) for property taxes paid as part of maintenance to the co-op management?

2 Replies
Level 15

Co-op taxes SALT deduction

That sounds a bit risky, not unlike using Section 212 (Schedule A, Line 6) for real estate taxes on real estate held for investment purposes.




Level 15
Level 15

Co-op taxes SALT deduction

ek0 originally posted a second link to another article, but the forum software mangled the link. Here's a link to the other article.

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