House owners VS renters

[Etschell]

Originally Posted by crew

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The limit of $10k in deduction is not limited to real estate taxes. It includes all state & local taxes, including income tax at the local level.

Exactly, in other words you're never deducting more than 10k in real estate taxes assuming you don't have any local or state taxes. In reality its probably even a lower cap as most do. This is why people are moving from states like CA to those like TX.