Property tax. Peggy-Sue owns her principal residence and also owns rental property. She paid no income tax or sales tax (lucky her!). She paid $3,000 property tax on her residence and $4,000 property tax on the rental property. How much are her for AGI and itemized deductions for property taxes. O $ $7,000 itemized $3,000 "for AGI"; $4,000 itemized $4.000 "for AGI": $3,000 itemized 0 $7,000 "for AGI