Will property taxes for rental property be deductible in 2018?

You can take tax deductions for any legitimate expense related to running your rental properties. Learn about the 12 essential rental property tax benefits and deductions allowed by the IRS. read more

Property taxes for a rental property are not a deduction. They are an expense reported on Schedule E. There is no change to what is entered as an expense on Schedule E for tax year 2018. read more

Property taxes for rental property, likely, would be treated as a business expense against rental income. Thus, they would be an expense on a “schedule C” business, rather than a deduction against personal income. check with your accountant, to be sure. read more