Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 12:10:02 AM

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

0 1 487
1 Best answer
New Member
Jun 6, 2019 12:10:03 AM

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:

1 Replies
New Member
Jun 6, 2019 12:10:03 AM

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: