What percentage of real estate taxes should be deducted on Schedule A? | sacramentohomescondos.com

What percentage of real estate taxes should be deducted on Schedule A?

John U asked:

“A vacation home is rented out for 10 days during the year and used personally by the owner for 20 days during the year. What percentage of real estate taxes should be

deducted on Schedule A?”

Wouldn’t it just be 100%?

Howard County real estate

By: Admin | 02/18/09 | Other - Taxes | Trackback | Comments [RSS 2.0]

One Response to “What percentage of real estate taxes should be deducted on Schedule A?”

bostonianinmo

Comment by bostonianinmo | 02/19/09 at 2:25 am

Brigantine Real Estate

Since it was rented out for less than 14 days or 10% of the time that it was owned during the year, whichever is less, 100% of the real estate taxes go on Schedule A.

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