Home Ownership is tied to many financial and tax benefits.  Knowledge of the tax implications is an essential aspect of buying or selling your home. Seek the advice of  a qualified tax professional such as a tax attorney or certified public accountant to properly understand your homeownership tax considerations.

Here are several information sources which can also help you learn about aspects of Home Ownership, Deductions & Taxes:


Internal Revenue Service Publications

  •  Tax Information for First-Time Homeowners  (HTML - PDF).

This publication contains  information for ALL Homeowners.

  • Home Mortgage Interest Deduction (HTML - PDF)
  • Sale of Your Home - Income Exclusion (HTML)
  • Residential Rental Property (HTML - PDF)

IRS Taxpayer Assistance Centers

450 Golden Gate Ave.
San Francisco, CA 94102
(415) 522-4061

55 S. Market St.
San Jose, CA 95113
(408) 817-6747

1031 Exchange Information

If you own investment property or have converted you primary residence into an investment property, this site can provide you with a basic understanding of tax-deferred exchanges of real property.

 1031 Exchange Information

Property Tax Considerations

You can use these links to find to verify what property taxes are assessed at for a specific property (search by parcel number or address)

San Mateo County

Santa Clara County