The Aliano Group at C2 Financial Corporation
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Published Date 5/15/2025
The Hidden Tax Perks of Home Sweet Home When Realtor.com’s Jillian Pretzel and her husband bought a townhome, they were in bliss. The place was perfect for them — located in a great area with nice neighbors and modestly sized but — admittedly — a bit dated. Not a luxury property by any means, but well within the budget of two 30-something professionals. Once they added up the HOA dues, some unexpected home repairs, a few car fixes, and the cost of two kids (with another on the way), Pretzel became adept at clipping coupons while biting her nails within a centimeter of their existence whenever she got an unexpected bill. “It’s no wonder I’m always stressed during tax season,” she says. Recently, however, she realized that the family’s biggest monthly expense, the mortgage, might actually benefit them come tax season. “It’s changed the way I do taxes, the way I think about my home costs, and the way I’ll think about property investment in the future.” She offers homeowners a few words to the wise. First off, it’s important to know the difference between standard and itemized deductions. “Both can cut down on your income tax burden, but you can’t use both at the same time,” she says. “The standard deduction is essentially a flat reduction to adjusted gross income that anyone can claim. So, when you file your tax return, you can simply deduct a certain amount from your taxable income and be done.” 2025 has deductions as follows: The standard deduction for single taxpayers and married individuals filing separately is $15,000. Married couples filing jointly can claim $30,000. And heads of households have a standard deduction of $22,500. Reach out for more! Realtor, TBWSAll information furnished has been forwarded to you and is provided by thetbwsgroup only for informational purposes. Forecasting shall be considered as events which may be expected but not guaranteed. Neither the forwarding party and/or company nor thetbwsgroup assume any responsibility to any person who relies on information or forecasting contained in this report and disclaims all liability in respect to decisions or actions, or lack thereof based on any or all of the contents of this report.
Clark Aliano
Branch Manager / Certified Mortgage Advisor
NMLS: NMLS ID: 252422
The Aliano Group at C2 Financial Corporation
2447 Pacific Coast Hwy, Ste 200, Hermosa Beach CA 90254
Company NMLS: 135622
Office: 800-363-5600
Cell: 310-430-0486
Email: Clark@TheAlianoGroup.com
Clark Aliano
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Branch Manager / Certified Mortgage Advisor
NMLS: NMLS ID: 252422
Cell: 310-430-0486
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