Real estate taxes vs. property taxes

[jethueson]

are they the same thing?  I see a box for Real Estate taxes on my 1098 from my mortgage lender, is that the right number?

[LeeM · Accepted solution]

Yes, they are the same thing so the amount in the real estate taxes box on your Form 1098-E would be entered when you are asked for property taxes.

Deductible real estate taxes, also called property taxes, include taxes paid at closing when buying or selling a home, as well as certain taxes paid to your county or town’s tax assessor (either directly or through a mortgage escrow account) on the assessed value of your property.

[ed_judy_d]

Don't mix this up with PERSONAL property Taxes on your cars, trucks, boats motorcycles. This is a separate tax deductible item depending what state you live in.