Like most people, you probably do not want the tax season. However, I have good news for you that might make the time just a little brighter for you! Did you know that you really can save money on your taxes simply by using “green” environmentally friendly products when doing home improvement projects? Well, that’s true, and I will be more than happy to share some tips and tricks with you on how you can go to do this!
Have you and your family have always wanted a hot tub or pool? If so, I think you’ll be very happy with what I have to tell you! If you install a second hot tub or pool in your home powered by solar power, you can receive a tax credit of up to 30% of what you spent for it! Well, technically, you’re only going to get a credit up to 30% if you do not spend more than $ 2,000 on a pool or hot tub. If you spend more than $ 2,000 on it, the maximum tax credit you will be entitled to close at $ 2,000. Either way though, I’m sure you’ll agree that it’s a lot!
Does your roof need replacing? If so, I strongly would encourage you to look to replace them with Energy-Star metal roof. Doing this will not only make your home look great, but you can also receive up to $ 500.00 tax credit for doing this! Replace your exterior door is another way to give your home a new look that great, and if you install environmentally friendly can also clean your $ 500.00 tax credit.
Have you think about the possibility to install several skylights in your home? If so, you’ll be glad to know that he can make up your tax credits, $ 200.00 as long as they meet certain “green” standard.
You can also receive tax credits simply by changing the type of heating system you use and/or cooling in your home! For example, by installing air conditioning units and/or environmentally friendly “green” oil or propane water heater, you can receive a tax credit to $ 300.00!
Best luck to you, and I hope you can use the tips that I provided to help you save lots of money for your taxes!