I own land that is in the name of an LLC, can I deduct the property taxes on my personal taxes? The LLC does not file a tax return or generate any income.

(I pay the taxes from my personal bank accounts.)

Expert Alumni

Apr 3, 2022 10:17:13 AM

What type of LLC? If it is a single-member LLC that files a Schedule C, then it is a disregarded entity. You and your LLC are one and the same. You can claim the property taxes on your personal return.

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I own land that is in the name of an LLC, can I deduct the property taxes on my personal taxes? The LLC does not file a tax return or generate any income.