By 'owner occupied rental property', do you mean that you live in one half of a duplex property? Or something else?
If this is a duplex where you live in one half and rent for profit the other half, one half of the property tax is a deduction for the residential rental property and one half is deductible on Schedule A Itemized Deductions as an itemized deduction.
In TurboTax Online, enter rental income, expense and assets by following these steps:
Down the left side of the screen, click on Federal.
Down the left side of the screen, click on Wages & income.
Click to the right of Rentals, Royalties, and Farm.
Click to the right of Rental Properties and Royalties.
At the screen Your 2024 rentals and royalties summary, select Edit or Add another rental or royalty.
At the screen Here's rental property info, select Add income to report rental income.
At the screen Here's rental property info, select Add expense or asset to report rental expense.
In TurboTax Online, enter property tax expense by following these steps:
Down the left side of the screen, click Federal.
Down the left side of the screen, click Deductions & Credits.
Click to the right of Your Home.
Click to the right of Property (real estate) Taxes.
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