Are real estate taxes deductible?

If you own real estate and live in an area with high property taxes, there’s a good chance that your federal income taxes are going to be higher than they could otherwise be. If that’s the case, then it makes sense to find ways to reduce those costs. That’s where this article comes in: we’ll show you how to deduct all or part of your real estate taxes from your taxable income when you file federal income tax returns!