Tax Deductions for Homeowners 2025
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Business & Economics
Guide to Tax Deductions for Homeowners in 2025
87% Informative
Tax deductions can help homeowners offset some of the costs associated with property ownership.
These deductions apply to mortgage-related expenses, home improvements and certain state and local tax payments.
Deductions like mortgage interest and home office expenses have become more relevant with the rise of remote work.
Certain home improvements qualify for tax deductions if they increase the home's value.
Owning a home provides several valuable tax deductions.
Mortgage interest, property taxes and home equity loan interest remain key deductions.
Home office expenses and necessary home improvements may also provide tax benefits.
Working with a tax advisor or CPA can help avoid errors and maximize savings.
SmartAsset 's free tool matches you with vetted financial advisors who serve your area.
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