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How do I know if I’m eligible for real estate tax deduction?

April 26, 2017eligible I’m Real Estate tax deduction

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How do I know if I’m eligible for real estate tax deduction?

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If you pay real estate taxes on property you own, your real estate taxes are fully tax deductible, whether they are imposed by state, county, city, township, or some other local government body. As co-owners, you can deduct the amount paid in half. If you pay taxes for someone else (such as a relative) for property you do not own, you do not get that deduction.