I a quest for a home loan, a question came up about whether or not we would want property taxes to be escrowed or not. The loan officer told me that it didn't really matter one way or another.
My thinking for wanting to handle it myself was this:
We normally take the standard deduction bc other than a few charitable contributions, we don't really have any deduction as renters. Once we purchase a home, I was thinking that it would be worthwhile to pay property taxes twice in the same calender year (like January and then December for next years) and then itemize that year. This way, we would be itemizing every other year with a very nice deduction, and then just taking the standard deduction every other year.
Worthwhile strategy to consider, or a waste of energy to save a few bucks?