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Yes. The property tax on your rental property is deducted on Schedule E. It is directly related to the rental income and not part of the itemized persoanl deductions on schedule A. It's essentially a "business deduction"
Yes. The property tax on your rental property is deducted on Schedule E. It is directly related to the rental income and not part of the itemized persoanl deductions on schedule A. It's essentially a "business deduction"
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