A Reader Asks…

The interest paid on our mortgage, do we just have to pick the person who will benefit from claiming the taxes the most? Or can we both claim it on our taxes?

A Reader Asks…

I read an insert for a home that my husband and I were looking at and part of it stated: “property taxes $—-.–, however homestead taxes are much lower”. I am assuming that these two are different kinds of taxes, but do you have to pay both and why is one cheaper than the other?