Turlock Homes & Beyond | BRE# 01112786 | Century21 Select Group
Homeownership can have many benefits for first-time homebuyers. For many people, owning a home means establishing permanent roots in an area and building wealth through equity. But some people might wonder what other benefits owning a home might have — especially in California, where houses are some of the most expensive in the nation. This makes understanding … Read More “The Tax Benefits of Owning a Home in California” »
If you invest in renewable energy for your home such as solar, wind, geothermal, fuel cells or battery storage technology, you may qualify for an annual residential clean energy tax credit. Key Takeaways How it works Who qualifies Qualified expenses Qualified clean energy property How to claim the credit Related resources How it works The … Read More “Residential Clean Energy Credit” »
CALIFORNIA STATE BOARD OF EQUALIZATION | TAXPAYERS’ RIGHTS ADVOCATE OFFICE The State Board of Equalization Taxpayers’ Rights Advocate Office is committed to helping California taxpayers understand property tax laws, and be aware of exclusions and exemptions available to them. Homeowners’ Exemption Did you know that property owners in California can receive a Homeowners’ Exemption on … Read More “California Property Tax Savings: Homeowners’ Exemption” »
Owning a home can come with several tax advantages that can help reduce your federal tax burden. Here are some of the key benefits: Mortgage Interest Deduction: This is a big one. You can deduct the interest you pay on your mortgage up to a certain limit. Currently, the limit is $750,000 of mortgage debt … Read More “California Tax Benefits for Owning a Home” »
