taxes : ezLandlordForms

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Harry C

started a topic about 7 years ago

Is there a way to get a discount on property taxes on rental homes? I was told that if the lease states something to the effect "this is a long term lease and part of the lease goes to taxes" that the taxes are less. What do you think?

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Scott H

said over 6 years ago

As far as I know you just write the taxes off as an expense against your rental income

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Kristin G

said almost 7 years ago

I have never heard of that. If its a long term lease usually you are not subject to the lodging/sales/bedding/use tax depending on you states long term /short term nightly rental laws.

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Adrien L

said about 7 years ago

I think the only way this can be done is if you are a senior, veteran or disabled. I would look into the IRS website for further information on this.