1. Payslips
  2. Interest & dividends
  3. Stock sales
  4. Small business
  5. Home & property
  6. Retirement
  7. Advanced
  8. Past, present, future
  9. What-ifs

Home & property

Your home and rentals, counted right.

Mortgage interest, property tax and the SALT cap, a home sale, and rental property, from your own documents.

1

Itemize or not, decided for you

Pfifi adds up mortgage interest, state and local taxes and gifts, applies the SALT cap, and picks whichever deduction is bigger.

Itemized vs. standardMarried filing jointly · Example
Mortgage interest$18,600
State and local taxes Cap $40,400$19,000
Charitable gifts$3,810
Itemized$41,410
Itemizing beats the $32,200 standard deduction by $9,210.
2

Property tax from the right document

You deduct what was actually paid this year. Pfifi reads it from your mortgage statement or your county bill, whichever paid it.

FORM 1098 · MORTGAGE INTEREST STATEMENT2026
1 Mortgage interest received18,600.00
2 Outstanding principal512,400.00
10 Property tax paid from escrow9,800.00
Matched to two county installments: Dec 10 and Apr 10
3

Rentals, and real estate professionals

Rent, expenses and depreciation on Schedule E, with the passive-loss rules applied, including the real estate professional test.

Schedule E · Rental condo2026 · Example
Rent received$28,800
Mortgage interest and property tax−$13,500
Depreciation 27.5 years−$9,090
Repairs, insurance and management−$8,600
Net rental loss−$2,390
Allowed this year: you actively manage it, and your income is under the $100,000 phase-out.
Real estate professional? Log your hours. Past 750, rental losses offset your other income in full.

Also included

  • Selling your home. Up to $250,000 of gain excluded, or $500,000 if married.
  • Points and refinancing. Deducted in the right year.
  • Depreciation on a sale. Recapture on a rental sale, figured from your own records.
  • Carryover losses. Suspended passive losses carried until you can use them.

Like what you see? Join the waitlist, then upload your documents to go first.