Answered: Is there a limitation for investment real estate property taxes?

Holly1213 · ‎12-07-2019

itonewbie · ‎12-07-2019

No specifically. Real property taxes are specifically allowed under §164 except any portion related to local benefits is disallowed under §1.164-4. So long as these are not foreign real property taxes, they are not affected by TCJA.

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Still an AllStar

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itonewbie · ‎12-07-2019

No specifically. Real property taxes are specifically allowed under §164 except any portion related to local benefits is disallowed under §1.164-4. So long as these are not foreign real property taxes, they are not affected by TCJA.

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Still an AllStar

Is there a limitation for investment real estate property taxes?

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