Registration Closed – Women’s Build Day is Full

Thank you for your overwhelming support and enthusiasm for NCJAR’s participation in Habitat for Humanity’s Women’s Build on Monday, May 12, 2025.

We are no longer accepting registrations, as all volunteer spots have been filled. We’re grateful to everyone who signed up—we look forward to a powerful day of service, teamwork, and community impact.

Stay tuned for more volunteer opportunities in the near future!

#NCJAR #WomensBuild2025 #ThankYouVolunteers #CommunityInAction

For many homeowners, tax season can bring more than just paperwork—it can also bring valuable savings. One of the most significant financial perks of owning a home is the mortgage interest deduction, which can help reduce your taxable income and, in turn, your overall tax bill. Whether you're a current homeowner or planning to buy, understanding how this deduction works can lead to smarter financial decisions.

What Is the Mortgage Interest Deduction?

The mortgage interest deduction allows you to deduct the interest paid on a qualifying home loan from your taxable income. This means you may owe less in taxes simply by owning your home. It’s one of several financial advantages of homeownership—especially appealing for those transitioning from renting or evaluating the cost-benefit balance of buying.

Who Is Eligible?

To take advantage of the mortgage interest deduction, you’ll need to itemize deductions on your tax return instead of claiming the standard deduction. Additionally, your mortgage must meet IRS requirements:

• The loan is $750,000 or less (for most taxpayers).
• It must be secured by a primary or secondary residence.

Keep in mind, the decision to itemize depends on multiple factors like local property taxes, HOA fees, and other deductible expenses. For some homeowners, especially those with smaller mortgages or lower property taxes, the standard deduction might offer greater savings.