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Can property taxes be deducted from a trust that owns a house?
Can property insurance be deducted from the trust?
This is an irrevocable trust set up by a mother for her daughter, the beneficiary.
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@djimm100 wrote:This is an irrevocable trust set up by a mother for her daughter, the beneficiary.
Yes, real estate taxes can be deducted.
@djimm100 wrote:This is an irrevocable trust set up by a mother for her daughter, the beneficiary.
Yes, real estate taxes can be deducted.
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