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Property Tax deduction on investment property
Had a question about deduction of property taxes on investment property.
So the limit of property tax deduction on personal home is $10K.
Is the deduction of property tax on investment property counted separate?
Meaning, if I am already deducting $10K on my personal property, can I also deduct $10K from my investment property. Or is the $10k limit inclusive of all properties (personal+ investment)
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@Gaurav Mehta
There is no cap on investment property for deducting property taxes.