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Home improvement/tax deduction question

Posted on 2/24/13 at 10:24 am
Posted by Chef Leppard
Member since Sep 2011
11739 posts
Posted on 2/24/13 at 10:24 am
Are there any rules regarding this? Thinking about doing some remodeling and trying to decide if I should avoid paying cash so I can have receipts from licenced contractors

Not going to be a huge remodel. Probably just a few grand.

TIA
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35462 posts
Posted on 2/24/13 at 11:53 am to
Only energy efficient items are tax deductible and those only to a certain extent. Unless, of course you are doing a refi for the improvements.
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