March 30, 2010

Who declares the real estate taxes when you co-own a home?

Category: Other - Taxes — samiam @ 7:56 pm
Kelly asked:

My fiance and I co-own our home, both of our names are on the title, but only his name is on the mortgage. Can I still declare the real estate taxes on my taxes? Can I declare half of the real estate taxes?

Sarasota FL Real Estate

October 26, 2009

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

Category: Other - Taxes — samiam @ 5:01 am
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%?

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