4 tax advantages for homeowners in 2025

(NewsNation) — The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save money this year. Homeowners can deduct costs like mortgage interest and personal property taxes up to a certain limit in order to reduce their tax bill. In certain cases, home improvements can also be deducted. What to know about federal tax creditsKeep in mind: If you want to deduct homeownership expenses, you’ll have to opt for itemized deductions. Most taxpayers,