Maximizing Your Tax Deductions as a New Homeowner Congratulations on purchasing your new home! Navigating the homebuying market and securing financing is no small feat, and now you’re a proud homeowner. But how does this significant milestone affect your taxes? As a first-year homeowner, you have several potential deductions to consider when tax season rolls […]
Understanding Joint Home Ownership and Its Tax Implications Home ownership comes with a variety of tax benefits, including deductions for mortgage interest, property taxes, and even credits for energy-efficient home improvements. But what happens when you share ownership of a home with a spouse, partner, or roommate? Joint home ownership can make home ownership more […]
