Are you thinking about getting new carpet for your home this year? Have you thought about getting eco-friendly carpeting? It’s a better, healthier and just as affordable as traditional, chemically made carpet.
Before you start knocking down walls to remodel your home, why not plan out your renovation so it’s sustainable for the future? From the basement to the yard, the ReGreen Program can give you suggestions on how to make your next home improvement project an eco-friendly one.
Do you want to save on monthly energy bills? Do you want your home to possibly sell for a higher price and faster once it goes on the market? Looking into a LEED certification may be the solution you’re looking for.
Today is Earth Day! A day dedicated to making the world a better place for future generations to inherit. Here are a few ways you can give Mother Earth a giant hug and give yourself a pat on the back.
Homeownership comes with a lot of advantages, especially when it comes to tax time. Make sure you’re not missing out on important home-related tax deductions. As always, please consult your tax advisor to find out which deductions apply to you. Deducting Mortgage Interest The interest you pay on a home mortgage is usually tax-deductible. You are allowed to deduct interest on multiple mortgages, as long as they add up to less than $1 million. The one criteria being that the money was used for buying, building or improving a home. Every year, you should receive a “Form 1098” from your lender which details how much mortgage interest you paid. To claim this deduction, you need to fill out “Schedule A”, under “itemized deductions” to record your interest deduction. Home mortgage interest deductions can also include late payment charges and pre-payment penalties. The only requirement is that they were not for a specific service received in connection with your home loan. Deducting Real Estate Taxes Real estate taxes are also tax-deductible. Your interest statement should list the amount of real estate taxes you paid if your taxes and homeowners’ insurance were placed in an escrow account when you closed on your mortgage. If your real estate taxes aren’t included on the statement, review your canceled checks to figure out the total amount of real estate taxes paid. Deducting PMI (Private Mortgage Insurance) If you buy a house with less than 20% down payment, you will most likely have to pay private…
Save money this summer by making your own green cleaning products. Check out these easy to follow recipies!
Do you want to lower your energy bill each month? Or maybe you just want to find ways to save – without doing any major home improvements like installing a solar panel on your roof. Well good news, being green doesn’t have to cost a lot of money, and it can make a huge difference in your energy usage and pay for itself many times over. Here are some simple changes to not only help the environment, but save you money.
It’s good to be green. No, seriously. While overly pro-social messages generally irritate me (such as when Desperate Housewives added not-so-cleverly hidden messages of recycling into it’s last episode), I do agree with the efficiency of being green.
With the first-time home buyer tax credit extension, many buyers are flooding into the market for a new home. But in the midst of the rush for a new home at a cheap price, beware of a recent problem with poorly created drywall, now known as “Problem Drywall.”
While being green is ideal, spending more money to help the environment is often costly and unrealistic. However, when the government adds incentive to home improvements that will already save you money – there’s little reason left to hesitate on which type you should choose.