Tag Archives: Two Homes

Two Properties

Today TaxMama hears from Stephanie from Minnesota, who tells us. “My husband and I own two homes.  My sister is currently renting our first home from us and we live in the 2nd home.  Can we claim both homes’ interest on our taxes?  Does my sister qualify for a renters credit if we claim both […]

His and Her Homes

Today TaxMama hears from Steve in Illinois with a long-distance marriage. “My wife and I work in different cities 100 miles apart. Out of necessity we have had to own two homes. We live in each equally, dividing our weekends at her house and then mine. She has taken another job and is selling her […]