Blog Tax Prep Tips for Veterans Who Bought a Home This Year

MIL-Estate Support Network connects military families with trusted Realtors who understand the unique challenges of military life. With agents across the country, we’re here to support you at any duty station.

If you purchased a home this year, October is the perfect time to prepare for tax season. Planning ahead ensures you maximize your benefits and avoid surprises in the spring.

Gather Home-Related Documents

Keep track of your closing statement, property tax receipts, and mortgage interest statements. These documents are essential for deductions and credits.

Explore Available Tax Benefits

Veterans and military families may qualify for tax credits such as mortgage interest deductions or energy efficiency credits. Ask about benefits tied to your VA loan as well.

Check in With Your Accountant

Every situation is unique. Meeting with a tax professional now ensures you’re taking advantage of every benefit and gives you time to correct any issues before year-end.

Organize Early

Start a dedicated folder—digital or paper—for all home-related tax documents. Staying organized now saves stress later.

By planning in October, Veterans set themselves up for a smoother, more rewarding tax season. MIL-Estate Support Realtors can connect you with trusted professionals who understand the financial needs of military families.

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Our mission at the Military Real Estate Support Network (MRES) is to unite and empower individuals who are deeply committed to supporting our military and veteran communities. We believe that the spirit of service extends beyond those who have worn the uniform to the family members, friends, and civilians who proudly stand beside them. Through real estate, we aim to build a network that provides meaningful resources, support, and opportunities for those who want to make a difference. Our mission is to foster a community of allies who uplift our heroes by contributing to their well-being, stability, and future.