HOME IMPROVEMENTS CAN REDUCE YOUR TAXES
Home improvements you’ve made over the years can reduce the taxes you pay when you sell your home. That is, if you are careful to keep good records of your remodeling projects. And if you learn the difference between an “improvement” and a “repair.”The Internal Revenue Service allows you to subtract home improvement costs from the gain you realize when you sell your home at a higher price than you paid for it. You also can…Press: Akron Beacon Journal (OH)
Bookmark:
