.$12,000 for singles.This seemingly benign change can adversely affect vacation-home owners, because their allowable itemized deductions (including those for vacation home mortgage interest and property taxes) may not exceed their standard deduction amount for 2018-2025.And in Hawaii… Short term vacation rentals come with an additional tax burden of 10.25% in Hawaii, the Transient Accommodations Tax (TAT).

Multis obviously take longer but the forced appreciation is also much higher.To deal with the seasoning and the prostate exam refi’s require, I like building relationships with my bankers.