Month: January 2021

House-hacking refers to buying a multifamily property on an owner-occupied mortgage, living in one unit and renting the others. Continue reading “House-Hacking Rental Property”

Now that the standard deduction is increased to $12,200 for single taxpayers and $24,400 for married ones, many homeowners are better off with the standard deduction than itemizing their deductions to write off their mortgage interest and property taxes.  Continue reading “Take the Standard Deduction & the Home”