I know the interest payments and any upkeep & maintenance costs can be reduced from your taxes. How about notary fees? or if you build an extra room in the attic would it be tax deductible too? Is there a guide on what can be deductible? Is there an opportunity to rebalance yearly taxes with work at your home?
I want to assess cost of ownership vs rent, I know one-off expenses and unseen costs have a significant impact that is often neglected, but not sure how to estimate if there is a consequence tax help or not?
Thanks for any help!