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Q: How will improving my home affect my taxes?
A: You can receive up to a $500 tax credit when you make tax credit-approved energy-efficient improvements to your home such as:
Find out more about saving energy and money – Here’s advice...
Q: Are There Any Benefits to Buying a Fixer-Upper?
A: The Federal Housing Administration (FHA) Program Offers Buyers a new type of loan called a Streamlined K or “limited repair” loan gives buyers of fixer-uppers an incentive. This program allows you to spend a maximum of $35,000 on the following repairs and you can roll it into your mortgage:
Consult your accountant, attorney or financial advisor for more info. Visit www.energystar.gov to learn more.