What real estate taxes are deductible on your primary residence?

As of 2021, California property owners may deduct up to $10,000 of their property taxes from their federal income tax if they are filing as single or married filing jointly. You can also right off portions of your interest on your mortgage with some limitations. Please talk to your accountant to learn the full write off for your situation #deborahandgulshen#dngisthekey#RPMCommercialRealEstate#ResidentialRealEstate#ResidentialRealEstateMarketUpdate#HomeBuyers#HomeSellers#realestate#realestateinvesting#invest#financialfreedoom#realestatetips#CommercialRealEstate#CommercialRealEstateSales#CommercialRealEstateLeasing#CommercialRealEstateMarketUpdate#PropertyManagement#IndustrialSales#IndustrialLeasing#RetailSales#OfficeSales#OfficeLeasing#MultiFamily#MultiFamilySales#1031Exchange#RealEstateInvestment#realestateknowledge#moneymanagment