Question: Rajesh owns a duplex. Both units are exactly the same size. Rajesh resides in one unit and rents the other. In 2 0 2 3

Rajesh owns a duplex. Both units are exactly the same size. Rajesh resides in one unit and rents the other. In 2023, Rajesh paid $4,850 in real estate taxes for the whole building. How does he report the deduction for the real estate taxes paid on his tax return?Rajesh deducts $2,425 on Schedule C (Form 1040), and $2,425 on Schedule A (Form 1040). Rajesh deducts $2,425 on Schedule E (Form 1040), and $2,425 on Schedule A (Form 1040). The total amount paid, $4,850, is fully deductible on Schedule A (Form 1040). The total amount paid, $4,850, is fully deductible on Schedule E (Form 1040).

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