I bought vacant land in 2022. Is there a need or a way to claim it on taxes?

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I bought vacant land in 2022. Is there a need or a way to claim it on taxes?

The purchase of the land, not used as a rental property or in a business, is not reported on a tax return.

I bought vacant land in 2022. Is there a need or a way to claim it on taxes?

Real estate taxes, paid in 2022, are deductible as an itemized deduction. Mortgage interest is not deductible.

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