Currently claiming deduction for my property tax. Can I claim this as a deduction?
Question:
I currently claim a deduction on my income taxes for my property tax. Can I claim this fee as a deduction?
Answer:
In general, for a residential property, it is not a valid income tax deduction for your taxes. For a business, the fee may be deductible. Contact your accountant or tax preparer for information on your specific situation.