Are real estate taxes deductible on a summer home-E-Answer.Net

Are real estate taxes deductible on a summer home

Monday, 14 July 2008 00:00 GT Business & Finance - Taxes

for the year 2007? Also, are they deductible on the principal residence?

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chatspla... Votes: +0	Yep, R.E. taxes and mortgage payments on both your first and second home are deductible. You add them together for your Schedule A. report abuse vote down vote up


Mathew Votes: +0	They are deductible assuming that you itemize your deductions. If you have mortgage interest on that home it is also deductible. report abuse vote down vote up


njmotorc... Votes: +0	Yes. All real estate taxes are deductible. report abuse vote down vote up

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