Video Tips: Tax Deductions for First-Time Homeowners

First-time homeowners should make themselves familiar with authorized deductions, and programs that can assist with home ownership and that can be beneficial. When it comes to home ownership, the IRS considers a home to be a house, condominium, cooperative apartment, mobile home, houseboat or house trailer that contains a sleeping space, toilet, and cooking facilities.

Watch this video to see which home expenses can and cannot be deducted from your tax return.

Share this article...

Join our South Bay chapter newsletter list.

Stay in contact with your South Bay chapter of Enrolled Agents!

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .