Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
lindsay1
New Member

When claiming property taxes for a rental property, do I claim the whole amount or just the percentage that applies to the building (and not the land)?

 
1 Best answer

Accepted Solutions

When claiming property taxes for a rental property, do I claim the whole amount or just the percentage that applies to the building (and not the land)?

Hi

You can claim the whole amount.  This is because this a current expense, not a capital expense.

View solution in original post

1 Reply

When claiming property taxes for a rental property, do I claim the whole amount or just the percentage that applies to the building (and not the land)?

Hi

You can claim the whole amount.  This is because this a current expense, not a capital expense.