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2. Are Property Taxes Deductible? - AOL

   www.aol.com/property-taxes-deductible-224345757.html

   Learn how property taxes work, who qualifies for deductions, and how the $10,000 SALT cap impacts homeowners. Maximize your tax breaks with property deductions.

3. The 6 Most Important Tax Deductions You Need to Claim - AOL

   www.aol.com/finance/6-most-important-tax...

   For tax purposes, use the ad valorem number, which is the assessed value of real estate or personal property. The maximum deduction you can claim for all state and local taxes, including real ...

4. Loss on sale of residential property - Wikipedia

   en.wikipedia.org/wiki/Loss_on_sale_of...

   To calculate the loss on residential property that was converted into a rental, prior to the sale of the property, Treasury Regulation section 1.165-9(2) states that the basis of the property will be the lesser of either the fair market value at the time of conversion or the adjusted basis determined under Treasury Regulation section 1.1011-1.

5. State and local tax deduction - Wikipedia

   en.wikipedia.org/wiki/State_and_local_tax_deduction

   The Revenue Act of 1964 restricted the SALT deduction to state and local taxes on real property, personal property, income, general sales, and gasoline and other motor fuels. [17] Amid the 1970s energy crisis , Congress passed the Revenue Act of 1978 , which eliminated the deduction for state and local taxes on gasoline and motor vehicle fuel.

6. Ad valorem tax - Wikipedia

   en.wikipedia.org/wiki/Ad_valorem_tax

   A property tax, millage tax is an ad valorem tax that an owner of real estate or other property pays on the value of the property being taxed. Ad valorem property taxes are collected by local government departments (examples are counties, cities, school districts, and special tax districts) on real property or personal property.

7. What are real estate transfer taxes? - AOL

   www.aol.com/finance/real-estate-transfer-taxes...

   A real estate transfer tax, sometimes called a deed transfer tax or documentary stamp tax, is a one-time tax or fee imposed by a state or local jurisdiction upon the transfer of real property.