Does it help or hurt my tax return if I own 2 homes?Which online software is best suited for 2 homes?

Posted on July 25, 2010 by admin| 1 Comment

One home I live in and the other home I own is rented by my uncle but he basically pays the mortgage as I don’t make any rental income.Should I include that home’s property tax in my tax return or not?If so which online software is best for 2 homes? Will ‘taxact’ do the job?Thanks.

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One Response to Does it help or hurt my tax return if I own 2 homes?Which online software is best suited for 2 homes?

kemperk | July 25, 2010 at 7:38 pm | Reply

neither
taxes due are based on complicated formuli from the IRS which relate not to assets but
to income and expenses.

DO NOT use on line software to do your taxes; use a local CPA who specializes in taxes.
he will cost you more and warranty his work…..

biz teacher
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