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September 24, 2024
Question

Can I deduct the annual real estate tax charged by my community?

  • September 24, 2024
  • 1 reply
  • 0 views
It is an annual assessment charged to each property owner by our community.

1 reply

DoninGA
Employee
September 24, 2024

If the assessment is not based on the value of the property you cannot deduct the assessment as a property tax on your tax return.