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I have a reverse mortgage on our home can i deduct property taxes

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I have a reverse mortgage on our home can i deduct property taxes

Yes, if you personally pay the property taxes.

When you take out a reverse mortgage, the title to your home remains with you and you continue to live in the home. You must continue to pay for repairs, property insurance, and taxes.

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I have a reverse mortgage on our home can i deduct property taxes

Yes, if you personally pay the property taxes.

When you take out a reverse mortgage, the title to your home remains with you and you continue to live in the home. You must continue to pay for repairs, property insurance, and taxes.

Related information:

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