The 2026 EA Mastery Retreat at Château Élan

Video Tips: Tax Deductions for First-Time Homeowners

First-time homeowners should make themselves familiar with authorized deductions, and programs that can assist with home ownership and that can be beneficial. When it comes to home ownership, the IRS considers a home to be a house, condominium, cooperative apartment, mobile home, houseboat or house trailer that contains a sleeping space, toilet, and cooking facilities.

Watch this video to see which home expenses can and cannot be deducted from your tax return.

Share this article...

Sign up for our newsletter today!

Each month, we will send you a roundup of our latest blog content covering the tax and accounting tips & insights you need to know.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .

How To Become An Enrolled Agent in 2026

Become an Enrolled Agent (EA) and unlock a world where you represent taxpayers before the IRS, command top-tier fees, and stand out as America’s Tax Expert!