Is Mortgage Interest Tax Deductible in 2025 and 2026?
Is Mortgage Interest Tax Deductible in 2025 and 2026?
Oct 15, 2023
internettaxconnection.com
IRS to accept 2025 tax returns starting Jan. 26
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IRS to accept 2025 tax returns starting Jan. 26
4 weeks ago
CBS NewsMary Cunningham
The 2025 tax season is here — and one of the biggest wins for a lot of homeowners is the SALT cap jumping from $10,000 to up to $40,000 (for tax year 2025). If you’re in high-tax states like CA, NY, NJ, CT, IL, this can be a game-changer if you itemize (because SALT mortgage interest other deductions can help you beat the $31,500 standard deduction for married filing jointly). Quick notes: \t•\tMarried filing separately: cap is $20,000 \t•\tThere are income phaseouts (so not everyone gets the fu
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Can you tax deduct mortgage payments on a rental property?
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lendi.com.au
This Tax Deduction Is Legal — And Most Founders Ignore It This expense isn’t hidden. It just feels too small to bother with. If you work from home — even part-time — you can usually claim a portion of: • Rent or mortgage interest • Utilities • Internet Most founders skip it because they think it’s insignificant, complicated, or risky. HMRC allows it — when it’s done properly. Three rules: 1️⃣ Be reasonable 2️⃣ Be consistent every year 3️⃣ Keep it simple — flat rate or clear maths This isn’t aggr
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