* **Property Tax Relief:** California offers various property tax relief programs, such as the Homeowners' Exemption and the Senior Citizen's Property Tax Assistance Program. * **Debt for a vacation property**: If you use a property for vacation purposes (more than 14 days during the year), interest on the debt might only be partially deductible. Find out more https://tradeprofinances.com/mortgage/is-mortgage-interest-tax-deductible-in-california/ * **Home equity loan**: A loan secured by your home's equity that allows you to borrow money for various purposes, such as renovations, education, or debt consolidation. ## Navigating the Complexities of Mortgage Interest Deductions in Your Situation Owning a home is often considered the American dream, and a significant part of that dream involves navigating the complexities of mortgages. One question that frequently arises, particularly during tax season, is whether mortgage interest payments are tax deductible in California. While the answer may seem straightforward, it's crucial to delve deeper to understand the nuances and eligibility criteria involved. 1. **Federal Deduction:** When you deduct mortgage interest on your federal return, your AGI is reduced.

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