Filing Taxes as a New Homeowner

For Miniature house with money on tax papersmany new homeowners the year you buy your own home will also be the first year you do not take the standard deduction when doing your taxes. It can be confusing to know what is eligible for itemization and what is not. Most homeowners will end up itemizing their loan costs and fees, mortgage interest, property taxes and private mortgage insurance. New homeowners should also consider itemizing all of the stuff they donated before moving as a charitable deduction. Many homeowners file their taxes on their own with little outside help, however, if the owner has a home office or their lender sold the mortgage to a different lender they may benefit from the help of a professional accountant.

Bottom Line:

Check out HouseLogic’s tax tips for homeowners. Speak with an accountant in your area about advice he or she gives to new homeowners. Talk with local homeowners about the first time they filed taxes after buying their home.

What’s Your Home Worth?

Search for Your New Home

16442 W Crater Lane Surprise, AZ 85374

$459,900
2 Beds
2 Baths
1,474 SqFt
Status Active
MLS # 6677172
Property Type Single Family Residence
Price Type --
OWNER/AGENT This Grand gem has all the upgrades! The beautiful home displays quality workmanship throughout the interior to include: new flooring, carpeting, and baseboards to start. The kitchen boasts new soft-closing cabinets, granite counters, back-splash, and has newer slate appliances. There are 7 newer windows, a newer patio door with high quality blinds and an extra large master closet. Both bathrooms have been upgraded with new matching cabinets, granite counters, toilets, tile showers & flooring. The exterior has a brand new roof underlayment, exterior paint, and a brand new AC unit. Desirably situated this home is predominantly North-South facing featuring a mature shade tree in front and a private shimmering pool in the back. Paid off solar lease with Sunrun Solar

4614 N 124th Avenue Avondale, AZ 85392

$459,900
4 Beds
2.5 Baths
2,052 SqFt
Status Active
MLS # 6687478
Property Type Single Family Residence
Price Type --
Welcome Home! Beautiful desert landscaping & inviting front porch. Bright front room w/ mosaic tile entry & neutral color palette. Chef's kitchen features all stainless appliances + large island w/ granite counter tops. Open kitchen/dining/family room. Don't miss the large custom pantry utilizing the space under the stairs. All bedrooms are upstairs. The primary bedroom is HUGE & features a great walk-in closet + updated bathroom w/ separate tiled shower & garden tub. Ceiling fans throughout. Guest bath remodeled w/ tile surround. Custom shutters throughout. Visit the large quiet back yard through the French doors onto the covered patio. Virtually maintenance free w/ synthetic turf, pavers & desert landscaping in 2021. Producing citrus trees, too. (naval, blood & Valencia oranges) Extras in this home include: all tile downstairs, 2018 lifetime warranty water softener & reverse osmosis, 2023 water heater, 2023 exterior paint, 2018 a/c with touch screen smart thermostat, 2022 new carpet, sunscreens, new gate slats, 6 panel doors, 3 drip lines to back yard, epoxy garage with EV charging capabilities, UV attic light in 2020, smart irrigation system +++. Close to schools, shopping, freeway access and more! This one is neat and clean as a pin. Don't wait.

10249 E Dolphin Avenue Mesa, AZ 85208

$459,900 - 4Br/2Ba -  for Sale in Parkwood Ranch Parcel 11, Mesa
Open House
$459,900
4 Beds
2 Baths
1,628 SqFt
Status Active
MLS # 6684558
Property Type Single Family Residence
Price Type --
Don't miss out on this stunning 4 bedroom, 2 bath home with a thoughtfully designed split floor plan. Enjoy the upgraded granite countertops and sleek stainless steel appliances in the kitchen, while soaking in the beauty of the landscaped backyard. Inside, the home boasts stylish interior accents and spacious vaulted ceilings in the great room and master bedroom. Recent updates include fresh interior paint, painted cabinets, carpet cleaning, and a refinished primary bathtub, ensuring the home is move-in ready. This Hacienda-built gem offers efficient 2x6 construction and a covered patio in the backyard, perfect for outdoor entertaining. Don't wait, make this desirable home yours today, conveniently located near schools, shopping, and freeways. This must-see home that won't last long!

7760 W Noble Prairie Way Florence, AZ 85132

$459,700
2 Beds
2.5 Baths
1,799 SqFt
Status Active
MLS # 6646765
Property Type Single Family Residence
Price Type --
STUNNING SANCTUARY W/ PRIVATE POOL!!! Soak up the sun in this lushly landscaped 2 BD/2.5BA w/ guest en-suite. From the curb you'll notice the gated paver courtyard and designer security door. Beautiful wood look tile flooring will carry you throughout the home. The kitchen features classy quartz counters, shaker cabinets, stainless steel appliances, R/O, spacious island & walk-in pantry. The primary suite features quartz counters w/ dual sinks on shaker cabinets w/ a gorgeous designer tile walk-in shower. Escape to your very own private backyard oasis featuring a 5' deep sparkling pool w/ cool decking, synthetic turf and covered patio. Come enjoy all Sun City has to offer: indoor & outdoor pool/spa, workout facility, ballroom, pickleball & Poston Butte Golf Course & Grille! MUST SEE!!

Leave a Reply

Your email address will not be published.