03/09/2026
Tax season may look a little different for homeowners this year. Several 2025-2026 updates could impact how much you’re able to deduct. From the increase in the SALT deduction cap to changes involving mortgage interest, PMI deductions, and the expiration of certain energy tax credits, understanding these updates could help you plan ahead and potentially save on your next return.
⬇️ Check out our recent blog to learn more ⬇️
One of the key tax benefits of homeownership is the mortgage interest deduction. When you make your monthly mortgage payment, part of it goes toward interest charged by your lender. If you itemize deductions on your federal tax return, you may be able to deduct that interest, reducing your taxable i...