Northerner52
03-06-2018, 03:59 PM
Hi,
what part of lake county / fruitland park taxes are federally tax deductible?
retiredguy123
03-06-2018, 04:17 PM
Your tax bill will have two sections, ad valorem and non-ad valorem taxes. The ad valorem taxes are tax deductible because the amount is based on the value of your house. The non-ad valorem taxes and fees are not based on the value of your house, and they are not tax deductible. This assumes that the house is a residence and not rental property.
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