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Updated over 10 years ago on . Most recent reply presented by

User Stats

254
Posts
28
Votes
Mary Joe
  • Investor
  • Brooklyn, NY
28
Votes |
254
Posts

Property tax for investment property, Schedule E or A ?

Mary Joe
  • Investor
  • Brooklyn, NY
Posted

Hi All

Sorry need some last minute tax advice. 

I have a rental property that is used 100% as an investment,  rented  out the whole year, no personal use at all. 

Do I deduct property tax on Schedule E (rental income/exp) or Schedule A (itemized deductions)?        Both schedules (E and A) ask me to enter amount of property tax I paid during the year. 

Thanks

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