Home |
Search |
Today's Posts |
#19
![]() |
|||
|
|||
![]()
On Mon, 18 Oct 2004 20:44:24 -0400, "Jeff Rigby"
wrote: Anyway, the write-off doesn't happen with vacant land until you sell it. In the mean time, as an investment it's killing you to pay the $2,200 in taxes on a 75X90 foot vacant lot every year. IIRC, on the deductions portion of the 1040, there is a line for "Property Taxes Paid", or some such wording. Isn't this the *total* of all property taxes? I'll keep an eye on this thread and post again in a week or so -- hee hee, I need to do my 2003 return soon! At least I put in an extension last filing season and made a prepayment, so the real terrorists (IRS) won't slap me so hard this time;-) -- Q |