shannahan
Mar 10, 2009, 02:39 PM
I sold real property in 2008 that I inherited from my mother.  There was a loss on the sale, but I can't claim the loss because there was personal use of the property.  However, on the closing statement, I paid $487 in prorated property taxes.  Can I deduct the property taxes on Schedule A even though I'm not claiming a loss on the sale?  I did not live in the house but I allowed my brother to live in it.