• Thursday, February 16th, 2012
By: Donna Fuscaldo
Published: January 23, 2012
They’re not as much as they used to be, but there are still energy tax credits to be had for upgrades made in 2011.
Other limits on IRS energy tax credits besides $500 max
- Credit only extends to 10% of the cost (not the 30% of yesteryear), so you have to spend $5,000 to get $500.
- $500 is a lifetime limit. If you pocketed $500 or more in 2009 and 2010 combined, you’re not entitled to any more money for energy-efficient improvements in the above seven categories. But if you took $300 in the last two years, for example, you can get up to $200 in 2011.
- With some systems, your cap is even lower than $500.
- $500 is the max for all qualified improvements combined.
Certain systems capped below $500 more…
• Sunday, October 09th, 2011
When it comes to preparing your home for sale in an environmentally friendly way, Kermit the Frog had it wrong. It is easy being green.
With so many homebuyers seeking green features in the homes they consider, sellers should create an eco-friendly atmosphere for the buyer and that doesn’t always mean costly fixes.
It’s always nice for a homebuyer who’s been touring houses all day to find water or a snack waiting for them in your kitchen. Instead of leaving the customary bottled water, go the eco-friendly route and have a pitcher of filtered tap water at the ready. Add some organic fruits and vegetables and keep trash minimized. Also, use glassware and plates instead of plastic cups and paper plates. This practice is not only green, it shows class.
Another way to act “green” is during your de-cluttering stage, when you remove furniture and other items from your home prior to the home’s listing. Instead of simply throwing out all those things you no longer want or need, you can recycle, resell at a garage sale, donate to a charity or give away the items at the popular website Freecycle.com. more…