Home is Where the Tax Deduction Is

May 6, 2013

Window covering often qualify for a tax deduction, provided they meet certain criteria. When replacing blinds or drapes with a window film, bear in mind that the film itself is tax deductible, but the installation does not qualify for a deduction. The same rule applies to new roofing—in order to qualify for a tax deduction, a new roof must be for the individual’s primary residence, and the deduction applies only to the roofing materials and does not extend to the roof’s installation cost. New insulation follows the same guideline for primary residence and material only—but can net the homeowner up to 30% credit. When performing routine maintenance or making repairs and improvements to your home, consult your homeowner’s policy and a tax professional to make sure that you put your upgrades to work when it’s time to file taxes.

Edit Search

  • Email Updates
  • Only Update me On
Close
Email Sent! Your email was sent successfully
Close
Register
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    When are you looking to purchase?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need assistance with financing?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need to also sell your property?
A Masterpiece in America's #1 Luxury Market

41 Arvida Parkway with its 8 bedrooms, 9 baths and 3 half baths, epitomizes luxury and bayfront living, with direct access to Biscayne Bay and the Atlantic Ocean