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Prepaid property tax in refinance
I refinanced my condo in 2020. I had 6 months prepaid property taxes rolled into my closing costs, which were rolled into my loan principal, so I did not have to pay any cash to close. Can I deduct these property taxes? They did not show up on my 1098 for the new loan. Thanks!
posted
April 25, 2021
8:54 PM
last updated
April 25, 2021
8:54 PM
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Prepaid property tax in refinance
Are they listed on your closing statement as prepaid property tax? If so, yes, you can deduct those.
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April 26, 2021
5:51 AM
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Prepaid property tax in refinance
Yes, they are, Thanks!
April 26, 2021
7:46 AM
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