Multigenerational Home Renovation Tax Credit (MHRTC): Eligibility, Expenses Explained
The Multigenerational Home Renovation Tax Credit (MHRTC) is a game-changer for homeowners, starting with the 2023 tax year. It’s a refundable tax credit designed to promote multigenerational living by facilitating home renovations that create a self-contained secondary unit. This space allows a senior or an adult who qualifies for the disability tax credit to reside […]