Homeownership & Taxes: What Every Homeowner Needs to Know | CPA Insights with George Graziano

In this episode of Home and Finance Insights, host Kevin Mathews sits down with CPA George Graziano of Tax Plan Pros (Auburn, CA) to explore how homeownership impacts your income taxes. With decades of experience in tax planning and preparation, George shares valuable insights into the tax benefits of owning a home, including mortgage interest deductions, general federal rules, and how California tax laws differ from federal regulations. Whether you're a new homeowner or planning your financial future, this episode will help you better understand the tax implications of one of the biggest investments you'll make. 👉 Topics Covered: Mortgage interest deduction basics Who qualifies for key tax benefits Federal vs. California tax rules Why personalized tax planning matters 🔔 Subscribe for more expert insights on homeownership, personal finance, and tax strategies. 📍 Guest: George Graziano, CPA – Tax Plan Pros | Auburn, CA Email at: george@taxplanpros.biz Call: (530) 830-1590 🎙️ Host: Kevin Mathews Email at: kevinmathews@empirehomeloans.com Call: (530) 401-3703 https://www.kevinmathews.com Empire Home Loans Inc. NMLS #234253 & 1839243 DRE #00884691 & 02086593 Chapters: 00:00 - Introduction to Home and Finance Insights: Guest George Graziano 04:35 - Mortgage Interest Deductions Explained: who qualifies and how it works 08:15 - Standard vs. Itemized Deductions 15:14 - State SALT Workaround 15:55 - Understanding Capital Gains on Your Home 24:35 - Estimating Home Improvement Costs 29:27 - Home Office Deductions 32:19 - Energy Tax Credits Expiring Soon 34:17 - Disaster Relief & Taxes 38:09 - Depreciation Demystified Equal Housing Opportunity. Equal Housing Lender. Refer to www.nmlsconsumeraccess.org to see additional licensing information. The corporate office address is 4401 Hazel Ave., Ste. 225, Fair Oaks, CA 95628; www.empirehomeloans.com. This communication is for informational purposes only. This is not a commitment to lend. All programs are subject to change or cancellation at any time and without notice. Empire Home Loans, Inc. supports equal housing opportunity. #HomeAndFinanceInsights #TaxTips #Homeownership #IncomeTax #MortgageInterestDeduction #TaxPlanning #HomeBuyingTips #FinancePodcast #CPAAdvice #RealEstateTaxes #CaliforniaTaxes #FirstTimeHomebuyer #HomeownersGuide #PersonalFinance #TaxSeason #NewHomeownerTips #CaliforniaRealEstate #AuburnCA #TaxPlanPros