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99
Posts
21
Votes
Thomas Blaine
  • Rental Property Investor
  • Commerce Township, MI
21
Votes |
99
Posts

Pro Rated Taxes - Closing Costs Question

Thomas Blaine
  • Rental Property Investor
  • Commerce Township, MI
Posted

So I closed on a house today and it reminded me that there has been a question bugging me lately.

Should I calculate pro rated taxes paid at closing as a acquisition cost or part of my yearly expense?

This is a SFR that I paid cash for and will be renting out.

Thanks for your input in advance.

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