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Q&A: what is the best way to finance home improvements?

Question by cara: what is the best way to finance home improvements? I’m just wondering if we should do a home improvement loan, refinance our mortgage, do a home equity loan, etc. We are looking at doing siding, some windows, soffits and fascia, etc. Best answer: Answer by SwedeIf they are major improvements, refinance at a lower interest rate taking ... Read More »

Q&A: Can we deduct expenses for home improvements?

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by MTSOfan Question by R B: Can we deduct expenses for home improvements? This tax season, we’d hoped to deduct expenses for home improvements. But our dishonest contractor took us for a ride last year and we couldnt get our receipts from him.We do have our copies of the cashiers receipts for the amount.. Can we deduct for the money ... Read More »

no cost home improvements?

Question by jammas_1472: no cost home improvements? My mother is on social security & her home is in disparate need of home improvements. Do any one know grants, organizations, or anything that help her improve her home? Best answer: Answer by JuanaquenaI don’t know of any from personal experience. I do find one Federal program, Rural Repair and Rehabilitation Loans ... Read More »

Can you get tax breaks for home improvements???

Question by me: Can you get tax breaks for home improvements??? Best answer: Answer by Banjo and SullivanIf you have a home equity line, you can claim that on your taxes. If it is home improvements from your personal assets, then it is not possible. You can claim investments on your taxes. Give your answer to this question below! Read More »

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