I'd owned home paying $12000 of mortgage interest and $4000 property tax and itemized those on my tax return.(joint income was $ 130000) Now our budget for rent is $ 2500. What difference will make on my tax return with this change?
I greatly appreciate your advice!
Read more: I'd owned home paying $12000 of mortgage interest and $4000 property tax. Now our budget for rent is $ 2500?