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Suffering in So Cal
April 16, 2022
Question

Personal Property Tax for Rental Property?

  • April 16, 2022
  • 1 reply
  • 0 views

I'm entering my "Other Taxes" for my rental property. TT says:

 

"Other taxes on your rental property include:

blah blah blah

Personal property tax"

 

Evidently I entered $660 for this last year. I have no clue why. Why does TT even mention rental property and personal property tax in the same breath?!

    1 reply

    ColeenD3
    April 16, 2022

    You said, "I'm entering my "Other Taxes" for my rental property." That answers your question, "Why does TT even mention rental property and personal property tax in the same breath?!" It is mentioning it because you are electing to enter other taxes for your rental property.