{"id":6318,"date":"2023-08-04T12:11:12","date_gmt":"2023-08-04T12:11:12","guid":{"rendered":"https:\/\/griffinfunding.com\/?p=6318"},"modified":"2026-03-03T02:54:16","modified_gmt":"2026-03-03T02:54:16","slug":"is-property-tax-deductible","status":"publish","type":"post","link":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/","title":{"rendered":"Are Property Taxes Deductible in 2026? Everything Homeowners Need to Know"},"content":{"rendered":"<p>When you purchase a home, you\u2019ll be required to pay various fees, such as <a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/what-does-homeowners-insurance-cover\/\">homeowner\u2019s insurance<\/a> and <a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/what-is-property-tax\">property taxes<\/a>.<\/p>\n<p data-start=\"768\" data-end=\"1008\">Property taxes are one of the most significant recurring costs of homeownership. While they can add thousands of dollars to your annual expenses, they may also help you save money on your federal income taxes if you qualify for a deduction.<\/p>\n<p data-start=\"1010\" data-end=\"1287\">Property taxes are typically paid to your county or local government and fund essential services like public schools, emergency responders, and infrastructure. However, how much you owe and whether you can deduct it depends on where you live and your overall tax situation.<\/p>\n<p data-start=\"1289\" data-end=\"1487\">So, is property tax deductible in 2026? In many cases, yes. Keep reading to learn how the updated SALT deduction affects your ability to write off property taxes and lower your overall tax bill.<\/p>\n<div id=\"key_takeaways\"><h3>KEY TAKEAWAYS<\/h3><ul>\n<li data-start=\"236\" data-end=\"396\">Property taxes remain deductible on your federal tax return for a wide range of real estate types, including primary residences, vacation homes, and land.<\/li>\n<li data-start=\"236\" data-end=\"396\">Itemizing is required to claim the property tax deduction; homeowners who take the standard deduction cannot deduct property taxes separately.<\/li>\n<li data-start=\"236\" data-end=\"396\">The SALT deduction cap was raised in 2025: You can now deduct up to $40,000 in state and local taxes, including property taxes, if filing as a single taxpayer or married couple jointly, and up to $20,000 if married filing separately.<\/li>\n<\/ul>\n<\/div>\n<h2>What Are Property Taxes?<\/h2>\n<p>Property taxes are imposed by local governments like cities, townships, and counties. Anyone who owns property and pays taxes on it, whether residential or commercial, pays property taxes.<\/p>\n<p>The amount individuals pay varies greatly depending on their location and the value of the property. Each county typically has its own property tax rate.<\/p>\n<p>In many cities, property taxes are the main source of revenue for local governments and fund public services and infrastructures like police and fire departments, schools, garbage collection, and so forth.<\/p>\n<p><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:641,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:1,&quot;12&quot;:0}\"><div class=\"cta_banner\" style=\"background:url(https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/04\/Catbanner2.jpg)\"><h3>With a simple 10-step mortgage process, Griffin Funding strives to make applying and securing a home loan easy, transparent, and quick.<\/h3><a href=\"https:\/\/griffinfunding.com\/full-page-form-quick-quote\/\/\">Get Started<\/a><\/div><\/span><\/p>\n<h2>What Is the Property Tax Deduction?<\/h2>\n<p>So is property tax tax-deductible? In some cases, the property tax deduction is a benefit that allows property owners to deduct the amount they pay in property taxes from their income when filing income tax returns in April of every year. Taking deductions effectively reduces your taxable income, lowering your overall tax liability.<\/p>\n<p>In the US, property taxes can typically be deducted up to a certain limit when using itemized deductions. The IRS\u00a0<a href=\"https:\/\/www.irs.gov\/taxtopics\/tc503\">allows homeowners to write off state and local property taxes<\/a>\u00a0on their federal returns, but you must itemize your deductions rather than taking the standard deduction.<\/p>\n<p data-start=\"807\" data-end=\"1105\">Under the One Big Beautiful Bill Act, signed into law on July 4, 2025, the total SALT deduction limit has been increased to $40,000 for single filers and married couples filing jointly. For married individuals filing separately, the cap is $20,000.<\/p>\n<p data-start=\"1107\" data-end=\"1281\">This change from the previous $10,000 cap greatly expands potential tax savings for homeowners, particularly in high-tax states like California, New York, and New Jersey.<\/p>\n<h2>Properties Eligible For Tax Deduction<\/h2>\n<p>Of course, there are different types of property other than real estate properties. Personal property refers to any property that\u2019s not real estate. So is personal property tax deductible? The good news is that you don\u2019t have to be a homeowner to take advantage of property tax deductions. You can take deductions on the following types of property:<\/p>\n<ul>\n<li aria-level=\"1\">Primary residence<\/li>\n<li aria-level=\"1\">Vacation homes<\/li>\n<li aria-level=\"1\">Rental properties<\/li>\n<li aria-level=\"1\">Land<\/li>\n<li aria-level=\"1\">Vehicles<\/li>\n<li aria-level=\"1\">Boats<\/li>\n<\/ul>\n<h2>Non-Deductible Property Tax Payments<\/h2>\n<p>Tax deductions aren\u2019t available for all types of property taxes. Non-deductible property tax payments include:<\/p>\n<ul>\n<li aria-level=\"1\">Taxes on property you don\u2019t legally own<\/li>\n<li aria-level=\"1\">Unpaid property taxes<\/li>\n<li aria-level=\"1\">Tax assessments<\/li>\n<li aria-level=\"1\">The portion of the property tax bill that\u2019s for various services<\/li>\n<li aria-level=\"1\">Taxes on the sale of the property<\/li>\n<\/ul>\n<p>In addition, any amount that exceeds the $40,000 property tax deduction limit does not qualify for a deduction.<\/p>\n<h2><strong>How Much of Your Property Taxes Are Tax Deductible?<\/strong><\/h2>\n<p data-start=\"258\" data-end=\"662\">Under current law, you cannot deduct all of your property taxes if they, combined with other state and local taxes, exceed the $40,000 SALT cap. Previously, the <a href=\"https:\/\/taxfoundation.org\/taxedu\/glossary\/tax-cuts-and-jobs-act\/\">Tax Cuts and Jobs Act (TCJA) of 2017<\/a> capped the deduction for all state and local taxes (SALT), including income, sales, and property taxes, at $10,000 for individuals or married couples filing jointly ($5,000 for married filing separately).<\/p>\n<p data-start=\"664\" data-end=\"778\">However, the One Big Beautiful Bill Act, signed into law on July 4, 2025, significantly expanded this cap.<\/p>\n<p data-start=\"780\" data-end=\"978\">Now, homeowners can deduct up to $40,000 in SALT taxes, including property taxes, if filing as an individual or married couple jointly, and $20,000 if married and filing separately.<\/p>\n<p data-start=\"980\" data-end=\"1123\">This updated cap offers meaningful tax relief, especially for property owners in high-tax states like California, New York, and New Jersey.<\/p>\n<h2>How To Claim the Property Tax Deduction<\/h2>\n<p>The property tax deduction is an itemized deduction, so the only way to claim is to choose to itemize your deductions instead of taking the standard deduction. In some cases, taking the standard deduction might make more sense for you if it translates to a higher deduction, so speaking to an accountant or professional tax preparer may be beneficial.<\/p>\n<p>The property tax deduction is claimed on\u00a0<a href=\"https:\/\/www.irs.gov\/forms-pubs\/about-schedule-a-form-1040\">Form 1040 Schedule A<\/a>, which is used for itemizing deductions. When using this form, you must enter the total amount of property taxes paid, the county which determines the tax rate, and the property number, which you can find on your property tax bill or assessment notice.<\/p>\n<p>If you don\u2019t pay property taxes directly and your payments instead go through an\u00a0<a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/what-is-escrow-in-mortgage\/\">escrow account<\/a>, you\u2019ll receive\u00a0<a href=\"https:\/\/www.irs.gov\/forms-pubs\/about-form-1098\">Form 1098<\/a>\u00a0from your lender, showing you the amount of deductible interest paid for the year and the total amount of property tax made on your behalf.<\/p>\n<div class=\"cta_banner gold_cta\" style=\"background:url(https:\/\/griffinfunding.com\/wp-content\/uploads\/2024\/02\/gold-background-1.png)\"><h3>Download the Griffin Gold app today!<\/h3><p>Take charge of your financial wellness and achieve your homeownership goals <br><br>\r\nUse invitation code: <b>GRIFGOLD<\/b> to register.<\/p><div class=\"stores\"><a href=\"https:\/\/apps.apple.com\/us\/app\/griffin-gold\/id6460034387\"><img decoding=\"async\" src=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2024\/02\/apple-icon.svg\" \/><\/a><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.griffinfunding.gold\"><img decoding=\"async\" src=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2024\/02\/google-store.svg\" \/><\/a><\/div><\/div>\n<h2>Property Tax Deduction: Best Practices<\/h2>\n<p>The property tax deduction can help reduce your taxable income, thereby reducing your tax liability for that year. Don\u2019t forget to take these deductions because they can save you money and help you increase your tax refund. Here are some property tax deduction tips to help you get started:<\/p>\n<h3>Understand the Eligibility Criteria<\/h3>\n<p>Individuals are only eligible for the property tax deduction if they itemize their deductions on their tax returns. In addition, you should check whether the property qualifies for the deduction. As a general rule, if you\u2019re a homeowner, your property taxes for your house qualify for the property tax deduction.<\/p>\n<h3>Determine if Itemizing Is Beneficial<\/h3>\n<p>Itemizing your deductions isn\u2019t always a good idea. Many people save more money by taking the standard deduction. You should assess whether itemizing deductions would be more advantageous than taking the standard deduction.<\/p>\n<p>It\u2019s important to keep in mind that reducing your taxable income too much may impact your eligibility for a loan. Mortgage underwriters tend to use tax returns to determine a borrower\u2019s ability to repay the loan, so if you take too many deductions, your income might not qualify you for some mortgage loans.<\/p>\n<p>Of course, if your tax returns don\u2019t accurately reflect your income, there are other mortgage programs you can use when you need to purchase property again. These low-doc loans allow you to qualify for a mortgage without tax returns, pay stubs, or W-2s. Learn more about <a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/what-do-underwriters-look-for-on-tax-returns\/\">what underwriters look for on tax returns<\/a>.<\/p>\n<p>Usually, the only reason to take the itemized deduction is when your itemized deductions add up to more than the standard deduction. You can calculate your potential itemized deductions, including property taxes,\u00a0<a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/how-does-mortgage-interest-work\/\">mortgage interest<\/a>, and other eligible expenses, to determine which option provides the most tax savings.<\/p>\n<h3>File Your Tax Return on Time<\/h3>\n<p>You should always file your taxes on time to avoid any penalties or interest charges that can increase your tax liability. If you forget to file your taxes by the deadline, file them as soon as possible or try to file them early to prevent this from happening.<\/p>\n<h3>Keep Organized Records<\/h3>\n<p>You\u2019ll receive your property tax bill twice a year in the mail, or your lender may make payments on your behalf through an escrow account. In any case, you should keep organized records of property tax statements, bills, and payment receipts for ease of filing.<\/p>\n<p>If, for some reason, you haven\u2019t kept your property tax bills, you can check your <a href=\"https:\/\/griffinfunding.com\/blog\/bank-statement-loans\/what-is-a-bank-statement\/\">bank statements<\/a> to determine the total amount you paid in property taxes. However, you\u2019ll still need crucial information contained on your assessment, so you may have to contact your local tax assessor\u2019s office.<\/p>\n<p>Your lender will send you a form around tax season of every year to help you keep organized records of all payments made on your behalf.<\/p>\n<p>In addition, you should keep copies of your filed tax returns and all supporting documents for a minimum of three years in case of future audits.<\/p>\n<h3>Consult With a Tax Professional<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6320\" src=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image2-2.jpg\" alt=\"Close up of man calculating property tax with a calculator\" width=\"1368\" height=\"912\" srcset=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image2-2.jpg 1368w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image2-2-300x200.jpg 300w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image2-2-1024x683.jpg 1024w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image2-2-768x512.jpg 768w\" sizes=\"auto, (max-width: 1368px) 100vw, 1368px\" \/><\/p>\n<p>If you have a complex tax situation or are unsure about claiming property tax deductions, it\u2019s advisable to seek guidance from a tax professional or accountant. These individuals can help you determine whether you should choose the standard or itemized deduction and help you find even more savings opportunities you might not know about.<\/p>\n<h2>Final Thoughts<\/h2>\n<p>While being a homeowner comes with its fair share of financial responsibilities, it\u2019s one of the best investments you can make. You can write off property taxes to offset some of the costs of homeownership, but finding the right mortgage loan for your unique situation is crucial.<\/p>\n<p>The right mortgage loan can help you save throughout the life of your loan. Talk to a Griffin Funding mortgage specialist today. We\u2019re mortgage experts specializing in many different\u00a0<a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/types-of-home-loans\/\">types of home loan<\/a>\u00a0programs, from conventional to non-QM loans like\u00a0<a href=\"https:\/\/griffinfunding.com\/non-qm-mortgages\/bank-statement-loans\/\">bank statement loans<\/a>\u00a0and\u00a0<a href=\"https:\/\/griffinfunding.com\/traditional-mortgages\/investment-property-loans\/\">investment property loans<\/a>.<\/p>\n<p>We can work with you to determine which loan type matches your needs and help you understand property taxes and other potential real estate deductions you may be able to claim during tax season.<\/p>\n<div class=\"cta_banner\" style=\"background:url(https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/04\/Catbanner2.jpg)\"><h3>See if you qualify for one of our non-traditional mortgages.<\/h3><a href=\"https:\/\/griffinfunding.com\/full-page-form-quick-quote\/\/\">Contact Us Today<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>When you purchase a home, you\u2019ll be required to pay various fees, such as homeowner\u2019s insurance and property taxes. Property taxes are one of the most significant recurring costs of homeownership. While they can add thousands of dollars to your annual expenses, they may also help you save money on your federal income taxes if<a class=\"moretag\" href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/\">&#8230;<\/a><\/p>\n","protected":false},"author":2,"featured_media":6321,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[100],"tags":[],"class_list":["post-6318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Is Property Tax Deductible? Property Tax Deduction Explained | Griffin Funding<\/title>\n<meta name=\"description\" content=\"Property taxes are still tax deductible in 2026, up to $40,000 under the new SALT cap. Learn how much you can deduct, what qualifies, and how it affects homeowners and investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are Property Taxes Deductible in 2026? Everything Homeowners Need to Know\" \/>\n<meta property=\"og:description\" content=\"Property taxes are still tax deductible in 2026, up to $40,000 under the new SALT cap. Learn how much you can deduct, what qualifies, and how it affects homeowners and investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/\" \/>\n<meta property=\"og:site_name\" content=\"Griffin Funding\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/griffinfunding\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/griffinfunding\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-04T12:11:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-03T02:54:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image3-4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1368\" \/>\n\t<meta property=\"og:image:height\" content=\"912\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bill Lyons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/griffinfunding\" \/>\n<meta name=\"twitter:site\" content=\"@griffinfunding\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bill Lyons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/\"},\"author\":{\"name\":\"Bill Lyons\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#\\\/schema\\\/person\\\/83571cd7f738a7f95cae1a44ad0b7ef1\"},\"headline\":\"Are Property Taxes Deductible in 2026? Everything Homeowners Need to Know\",\"datePublished\":\"2023-08-04T12:11:12+00:00\",\"dateModified\":\"2026-03-03T02:54:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/\"},\"wordCount\":1560,\"publisher\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/image3-4.jpg\",\"articleSection\":[\"Mortgage\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/\",\"name\":\"Is Property Tax Deductible? Property Tax Deduction Explained | Griffin Funding\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/image3-4.jpg\",\"datePublished\":\"2023-08-04T12:11:12+00:00\",\"dateModified\":\"2026-03-03T02:54:16+00:00\",\"description\":\"Property taxes are still tax deductible in 2026, up to $40,000 under the new SALT cap. Learn how much you can deduct, what qualifies, and how it affects homeowners and investors.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/\"]}],\"about\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#organization\"}},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/#primaryimage\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/image3-4.jpg\",\"contentUrl\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/image3-4.jpg\",\"width\":1368,\"height\":912,\"caption\":\"Close up of accountant calculating property tax using a calculator\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/is-property-tax-deductible\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/griffinfunding.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mortgage\",\"item\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/category\\\/mortgage\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Are Property Taxes Deductible in 2026? Everything Homeowners Need to Know\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#website\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/\",\"name\":\"Griffin Funding\",\"description\":\"Mortgages &amp; Home Loan Lenders\",\"publisher\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/griffinfunding.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#organization\",\"name\":\"Griffin Funding\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/griffinteamlogo-42.jpg\",\"contentUrl\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/griffinteamlogo-42.jpg\",\"width\":500,\"height\":500,\"caption\":\"Griffin Funding\"},\"image\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/griffinfunding\",\"https:\\\/\\\/x.com\\\/griffinfunding\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/griffin-funding\",\"https:\\\/\\\/www.youtube.com\\\/@griffinfunding\",\"https:\\\/\\\/www.instagram.com\\\/griffin_funding\",\"https:\\\/\\\/www.bbb.org\\\/us\\\/ca\\\/san-diego\\\/profile\\\/mortgage-lenders\\\/griffin-funding-1126-172009171\",\"https:\\\/\\\/www.zillow.com\\\/lender-profile\\\/griffinfunding\\\/\",\"https:\\\/\\\/www.experience.com\\\/reviews\\\/company\\\/griffin-funding-1426\"],\"description\":\"Griffin Funding, founded in 2013, is a nationwide direct-to-consumer mortgage lender that specializes in bank statement loans for the self-employed, DSCR loans for real estate investors, VA loans for veterans and active-duty military, and home equity loans for homeowners. Griffin Funding is dedicated to delivering 5-star service, a fully-digital easy-to-use experience, and financial expertise.\",\"email\":\"info@griffinfunding.com\",\"telephone\":\"8005275910\",\"legalName\":\"Griffin Funding, Inc.\",\"foundingDate\":\"2013-09-17\",\"duns\":\"07-979-5037\",\"leiCode\":\"5493002WVA17MT4UFH84\",\"naics\":\"522292\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"51\",\"maxValue\":\"200\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#\\\/schema\\\/person\\\/83571cd7f738a7f95cae1a44ad0b7ef1\",\"name\":\"Bill Lyons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g\",\"caption\":\"Bill Lyons\"},\"description\":\"Bill Lyons is the Founder, CEO &amp; President of Griffin Funding. Founded in 2013, Griffin Funding is a national boutique mortgage lender focusing on delivering 5-star service to its clients. Mr. Lyons has 25 years of experience in the mortgage business. Lyons is seen as an industry leader and expert in real estate finance. Lyons has been featured in Forbes, Inc., Wall Street Journal, HousingWire, and more. As a member of the Mortgage Bankers Association, Lyons is able to keep up with important changes in the industry to deliver the most value to Griffin's clients. Under Lyons' leadership, Griffin Funding has made the Inc. 5000 fastest-growing companies list five times in its 12 years in business. Follow his updates on LinkedIn.\",\"sameAs\":[\"https:\\\/\\\/griffinfunding.com\\\/our-team\\\/bill-lyons\\\/\",\"https:\\\/\\\/www.facebook.com\\\/griffinfunding\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/lyons\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/x.com\\\/griffinfunding\",\"https:\\\/\\\/www.youtube.com\\\/@Griffinfunding\"],\"url\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/author\\\/griffinfunding\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Is Property Tax Deductible? Property Tax Deduction Explained | Griffin Funding","description":"Property taxes are still tax deductible in 2026, up to $40,000 under the new SALT cap. Learn how much you can deduct, what qualifies, and how it affects homeowners and investors.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/","og_locale":"en_US","og_type":"article","og_title":"Are Property Taxes Deductible in 2026? Everything Homeowners Need to Know","og_description":"Property taxes are still tax deductible in 2026, up to $40,000 under the new SALT cap. Learn how much you can deduct, what qualifies, and how it affects homeowners and investors.","og_url":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/","og_site_name":"Griffin Funding","article_publisher":"https:\/\/www.facebook.com\/griffinfunding","article_author":"https:\/\/www.facebook.com\/griffinfunding","article_published_time":"2023-08-04T12:11:12+00:00","article_modified_time":"2026-03-03T02:54:16+00:00","og_image":[{"width":1368,"height":912,"url":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image3-4.jpg","type":"image\/jpeg"}],"author":"Bill Lyons","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/x.com\/griffinfunding","twitter_site":"@griffinfunding","twitter_misc":{"Written by":"Bill Lyons","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/#article","isPartOf":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/"},"author":{"name":"Bill Lyons","@id":"https:\/\/griffinfunding.com\/#\/schema\/person\/83571cd7f738a7f95cae1a44ad0b7ef1"},"headline":"Are Property Taxes Deductible in 2026? Everything Homeowners Need to Know","datePublished":"2023-08-04T12:11:12+00:00","dateModified":"2026-03-03T02:54:16+00:00","mainEntityOfPage":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/"},"wordCount":1560,"publisher":{"@id":"https:\/\/griffinfunding.com\/#organization"},"image":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/#primaryimage"},"thumbnailUrl":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image3-4.jpg","articleSection":["Mortgage"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/","url":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/","name":"Is Property Tax Deductible? Property Tax Deduction Explained | Griffin Funding","isPartOf":{"@id":"https:\/\/griffinfunding.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/#primaryimage"},"image":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/#primaryimage"},"thumbnailUrl":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image3-4.jpg","datePublished":"2023-08-04T12:11:12+00:00","dateModified":"2026-03-03T02:54:16+00:00","description":"Property taxes are still tax deductible in 2026, up to $40,000 under the new SALT cap. Learn how much you can deduct, what qualifies, and how it affects homeowners and investors.","breadcrumb":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/"]}],"about":{"@id":"https:\/\/griffinfunding.com\/#organization"}},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/#primaryimage","url":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image3-4.jpg","contentUrl":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2023\/08\/image3-4.jpg","width":1368,"height":912,"caption":"Close up of accountant calculating property tax using a calculator"},{"@type":"BreadcrumbList","@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/is-property-tax-deductible\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/griffinfunding.com\/"},{"@type":"ListItem","position":2,"name":"Mortgage","item":"https:\/\/griffinfunding.com\/blog\/category\/mortgage\/"},{"@type":"ListItem","position":3,"name":"Are Property Taxes Deductible in 2026? Everything Homeowners Need to Know"}]},{"@type":"WebSite","@id":"https:\/\/griffinfunding.com\/#website","url":"https:\/\/griffinfunding.com\/","name":"Griffin Funding","description":"Mortgages &amp; Home Loan Lenders","publisher":{"@id":"https:\/\/griffinfunding.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/griffinfunding.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/griffinfunding.com\/#organization","name":"Griffin Funding","url":"https:\/\/griffinfunding.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/griffinfunding.com\/#\/schema\/logo\/image\/","url":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2020\/09\/griffinteamlogo-42.jpg","contentUrl":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2020\/09\/griffinteamlogo-42.jpg","width":500,"height":500,"caption":"Griffin Funding"},"image":{"@id":"https:\/\/griffinfunding.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/griffinfunding","https:\/\/x.com\/griffinfunding","https:\/\/www.linkedin.com\/company\/griffin-funding","https:\/\/www.youtube.com\/@griffinfunding","https:\/\/www.instagram.com\/griffin_funding","https:\/\/www.bbb.org\/us\/ca\/san-diego\/profile\/mortgage-lenders\/griffin-funding-1126-172009171","https:\/\/www.zillow.com\/lender-profile\/griffinfunding\/","https:\/\/www.experience.com\/reviews\/company\/griffin-funding-1426"],"description":"Griffin Funding, founded in 2013, is a nationwide direct-to-consumer mortgage lender that specializes in bank statement loans for the self-employed, DSCR loans for real estate investors, VA loans for veterans and active-duty military, and home equity loans for homeowners. Griffin Funding is dedicated to delivering 5-star service, a fully-digital easy-to-use experience, and financial expertise.","email":"info@griffinfunding.com","telephone":"8005275910","legalName":"Griffin Funding, Inc.","foundingDate":"2013-09-17","duns":"07-979-5037","leiCode":"5493002WVA17MT4UFH84","naics":"522292","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"}},{"@type":"Person","@id":"https:\/\/griffinfunding.com\/#\/schema\/person\/83571cd7f738a7f95cae1a44ad0b7ef1","name":"Bill Lyons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g","caption":"Bill Lyons"},"description":"Bill Lyons is the Founder, CEO &amp; President of Griffin Funding. Founded in 2013, Griffin Funding is a national boutique mortgage lender focusing on delivering 5-star service to its clients. Mr. Lyons has 25 years of experience in the mortgage business. Lyons is seen as an industry leader and expert in real estate finance. Lyons has been featured in Forbes, Inc., Wall Street Journal, HousingWire, and more. As a member of the Mortgage Bankers Association, Lyons is able to keep up with important changes in the industry to deliver the most value to Griffin's clients. Under Lyons' leadership, Griffin Funding has made the Inc. 5000 fastest-growing companies list five times in its 12 years in business. Follow his updates on LinkedIn.","sameAs":["https:\/\/griffinfunding.com\/our-team\/bill-lyons\/","https:\/\/www.facebook.com\/griffinfunding","https:\/\/www.linkedin.com\/in\/lyons\/","https:\/\/x.com\/https:\/\/x.com\/griffinfunding","https:\/\/www.youtube.com\/@Griffinfunding"],"url":"https:\/\/griffinfunding.com\/blog\/author\/griffinfunding\/"}]}},"_links":{"self":[{"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/posts\/6318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/comments?post=6318"}],"version-history":[{"count":0,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/posts\/6318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/media\/6321"}],"wp:attachment":[{"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/media?parent=6318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/categories?post=6318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/tags?post=6318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}