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by Anonymous on November 29th, 2009
Consult with an Enrolled Agent (IRS tax expert) or a CPA, who can best answer your question, as much more information is needed on your specific situation, to give you an accurate answer.
+5
by Sherri on November 30th, 2009
What State are you in? Are you sure you paid State Sales TAX on the sale of rental property? Could it have been State INCOME Tax, in which case, the State taxes paid are a Federal, Schedule A, deduction.
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Comments
((((((((((hugs))))))))))) What a grEAt answer! +6
by Sherri on November 30th, 2009
You Enrolled Agents are so EASY to please! LOL!
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Thanks for the points, Sugar Lips.
by Anonymous on November 30th, 2009