NJ deduction for taxes paid on rental real estate

Feb 17, 2009 1 Replies

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kupchik 17 years ago

In NJ you can get a deduction or a credit for real estate taxes paid. Does this include real estate taxes paid on rental real estate for a 2 family house, or only the personnel portion?

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Katie 17 years ago

The personal part goes on Schedule A. The part relating to the rental is a deduction on Schedule E.

Katie in San Diego

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