Re: couple of tax questions ..




"asdf" <qjohnny2000@xxxxxxxxx> wrote
question - what about property tax that may be paid
in one year but is paid toward the next year.
Tax collected in 2006 but for 2007. Thanks.





Only tax paid by you, or from the escrow account, to the county/city gets
deductible. For the most part it doesn't matter what year you are paying.



--
Paul Thomas, CPA
paulthomascpapc@xxxxxxxxxxxxx


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