Plain-English explanation
Fully deductible on rentals; SALT cap only affects primary residence.
Examples
- $8k property tax fully deductible on Schedule E.
Common mistakes
- Applying SALT cap to rental properties.
Related questions
Advertisement
Tax Concepts
Deduction of property taxes on investment real estate as an operating expense.
Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice
Fully deductible on rentals; SALT cap only affects primary residence.