Like it or not, the tax filing season is upon us, and you may be surprised to learn that certain improvements made to your home could result in tax deductions. Keep in mind that navigating the rules regarding tax-deductible home repairs can be a little tricky, so we strongly encourage you to consult with your financial adviser or tax preparer to make sure you get all the deductions for which you qualify. CAN I USE MY HOME IMPROVEMENTS AS TAX WRITE-OFFS?
Generally speaking, if your home is used strictly as your personal residence, improvements or add-ons like landscaping, wiring upgrades, room additions, plumbing upgrades, etc. cannot be claimed as tax deductions. But there are still clever ways that certain renovations and improvements can help you out at tax time.
FOR HOME REPAIR, ADD-ONS AND IMPROVEMENTS IN SAN DIEGO, CALL J&M KEYSTONE. Whether you’ve got plans for general repairs, add-ons or complete redesigns, we offer complete residential full-service general contractor services. We’re available 24 hours per day, so call us at 800-368-2757 |
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April 2018
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