I am homeowner who also rents rooms where I live. My property tax --real estate tax --is $18K almost twice the new 2018
$10k threshold. How do I itemize this to take full advantage of the deductions?
Do I break in two $10K personal deduction maximum allowed under the new tax law + $8K remainder deducted as business expenses, I presume if allowed the $8k will prorated as I live in the property.
Or would be more advantageous prorate 60% % rented of the entire $18k?
Thank you
