Jose’s Tax Service | Trusted. Transparent. Tax-Smart.
Owning a home isn’t just a smart investment — it can also come with serious tax savings. Whether you just bought your first house or have owned property for years, knowing which deductions and credits apply to you can lead to thousands of dollars in tax savings.
Let Jose’s Tax Service guide you through the most valuable tax breaks available to homeowners.
Key Homeowner Tax Deductions
Mortgage Interest
If your mortgage is under $750,000, you can deduct the interest paid on your primary or secondary residence.
Property Taxes
You can deduct up to $10,000 in state and local taxes (SALT), including property taxes. This is a popular deduction for Connecticut homeowners.
Mortgage Insurance (PMI)
If your adjusted gross income is under a certain threshold, you may qualify to deduct private mortgage insurance premiums.
Energy Efficiency Credits
If you’ve installed solar panels, energy-efficient windows, or heat pumps, you may qualify for federal tax credits worth hundreds or even thousands.
Home Office Deduction (For the Self-Employed)
If you’re self-employed and use part of your home exclusively for business, you may qualify for:
– A simplified home office deduction
– OrMake Your Home Work for You at Tax Time actual expense deductions (portion of utilities, mortgage interest, repairs, etc.)
Let us help you calculate the most beneficial approach.
Selling Your Home? Know the Capital Gains Rules
When you sell a primary residence, you may be able to exclude up to $250,000 ($500,000 for married couples) of profit from taxes — if you’ve lived in the home for 2 of the last 5 years.
This is one of the most powerful homeowner tax perks. Talk to us before selling!
Common Mistakes to Avoid
🚫 Not keeping records of improvements (needed for cost basis)
🚫 Missing the energy credit paperwork
🚫 Assuming your home office qualifies when it doesn’t
🚫 Not claiming allowable SALT deductions
How Jose’s Tax Service Helps
– We review your mortgage statements, tax records, and closing docs
– We help you maximize every deduction and credit you’re eligible for
– We file federal and state returns with accuracy and strategy
– We provide ongoing advice for future home-related purchases or sales
Real Results, Real Clients
“Jose’s Tax Service helped me get over $3,400 back between mortgage interest, energy credits, and property taxes. I had no idea I qualified for so much!”
— A. Richardson, First-Time Homeowner, CT
Make Your Home Work for You at Tax Time
📞 Call 475-254-9373
📍 Based in New Haven, CT – Serving Homeowners Nationwide
🌐 Learn more at Josestaxservice.com