Newly bought property: when deduct first year property taxes

[qwain76]

I bought a new investment property in Sept 2020. I do not escrow the property taxes in my mortgage.

As usual, at the closing, the amount of taxes (Jan-Aug) prior to the purchase was discounted from my purchase price. 

I physically have not paid any property taxes in 2020 on the rental property, since the 2020 taxes will be paid in 2021.

What value should I put on the 2020 taxes at the voice: property taxes? Should I put zero or should I guestimate the amount of taxes based on the closing statement?

In 2020 I phisically did not pay

[MinhT1 · Accepted solution]

As you were given a credit for property taxes in 2020, you do not have any property taxes to claim on your 2020 tax return. You should input 0 on your 2020 tax return.

When you pay property taxes in 2021, you should only claim the net amount on your 2021 tax return (amount you paid in 2021 minus the credit given to you at closing).