bstaxes Posted February 11, 2009 Report Share Posted February 11, 2009 Can these real estate taxes be on other than your home and must you live in it? Client lives with parents and this is a second home. Quote Link to comment Share on other sites More sharing options...
RitaB Posted February 11, 2009 Report Share Posted February 11, 2009 Can these real estate taxes be on other than your home and must you live in it? Client lives with parents and this is a second home. From Instructions For 1040, p 34 - must be taxes that would have been deductible if you had itemized... So, I would say, Yes. Don't forget that he may have other real estate, like a lot somewhere (but not foreign). Hope this helps! Quote Link to comment Share on other sites More sharing options...
mcb39 Posted February 11, 2009 Report Share Posted February 11, 2009 Can these real estate taxes be on other than your home and must you live in it? Client lives with parents and this is a second home. Yes, but no matter what, there will be a limit of $500 or $1000 on the deduction. Quote Link to comment Share on other sites More sharing options...
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