joshuabarksatlcs
Level 10

Last time I checked, Sec 266 allows capitalization of property tax only for unimproved and unproductive real property.  Don't think it applies to a home.

Check Regs for Sec 266 for sure.  the above is based on my brain-half-fried recollection

But then, homes in the Hamptons may enjoy special perks.

 


I come here for kudos and IRonMaN's jokes.