As the year winds down, a lot of local homeowners start looking at their finances and thinking about how to make smart moves before December 31.
For many, real estate isn’t just about where you live — it can also play a big role in your overall financial picture.
Here are a few time-sensitive strategies worth discussing with your tax professional if you own a home in the greater Placer County area.
1. Mortgage Interest & Property Tax Payments
Mortgage interest and property taxes are often two of the biggest deductions for homeowners.
Making your January mortgage payment before Dec 31 or paying your property taxes early can sometimes boost your deductible total for this year’s return.
(Always confirm with your CPA or tax advisor.)
2. Energy-Efficient Home Upgrades
If you’ve been planning to replace windows or doors, upgrade your HVAC, or make other energy-efficient improvements, finishing the work before the end of the year could make you eligible for federal energy tax credits.
These credits apply in the year the work is completed, so timing can matter.
3. Primary Residence Sale Timing
For anyone thinking about selling, the IRS 2-out-of-5-year rule can make a big difference.
It’s the date of your sale that determines whether you qualify for the capital gains exclusion — not the calendar year.
If your eligibility window is closing soon, selling earlier may help you take advantage of the exclusion of up to $250,000 (single) or $500,000 (married).
4. Year-End Gifting
Many families use the end of the year as a time to help children or loved ones take their first step toward homeownership.
The annual gift exclusion allows up to $19,000 per person, per recipient in 2025 without tapping into lifetime gift exemptions. A married couple can gift up to $38,000.
Gifting before Dec 31 counts toward this year’s limit and resets on Jan 1.
Bottom Line
Real estate can be more than a home — it can be a powerful financial tool when used strategically.
Whether you’re buying or selling before the year ends, preparing to list early next year, or just looking at your options, a little planning now can set you up for a smoother 2026.
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Patrick Hake
Broker Associate | eXp Realty of California
License #01349088
This information is for general educational purposes only and is not intended as tax or legal advice. Please consult a qualified professional for guidance specific to your situation.
What’s Happening This Weekend in Placer County (Oct 16–19, 2025)
Looking to get out and enjoy the fall season? Here are a few great local events happening this weekend around Rocklin, Auburn, and Lincoln.
Auburn Big Time Pow Wow
Gold Country Fairgrounds, Auburn
Saturday, Oct 18, 10:00 AM – 9:00 PM
A celebration of Indigenous traditions with dance, drumming, arts & crafts, and great food.
Learn More
Evenings in the Park: “Wicked” Movie Night
???? Quarry Park, Rocklin
???? Friday, Oct 17, 6 PM (Movie starts after dusk)
???? Enjoy an outdoor showing of Wicked with food trucks, artisan vendors, and a cozy community vibe.
rocklin.ca.us/evenings
Tour de Lincoln
McBean Park, Lincoln
Saturday, Oct 18 – Start times vary by ride
A scenic cycling event with multiple routes, live entertainment, BBQ lunch, and fun in Historic Downtown Lincoln.
lincolncarotary.org
Wrap-Up
The end of the year is a great time to take advantage of smart homeowner strategies while enjoying some of the best community events our area has to offer. Whether you're in Rocklin, Lincoln, Auburn, or nearby, there’s a lot to look forward to — both financially and locally.
Posted by Patrick Hake on
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