Spring is finally here! The spring is when many MN homeowners like to think about the home improvements that they would like to have done inside and outside of their homes. When you're out there planning these changes, also keep in mind that tax credits are being offered by the government to help you increase the energy efficiency inside your home. While many tax credits have expired, some still remain. Check with your tax professional to see what you may qualify for. The American Recovery and Reinvestment Act of 2009 includes several different tax credits that homeowners are able to take advantage of if they are thinking of opting into the energy efficiency savings that are out there. Some of these improvements include larger ones such as roof repairs and siding that you can get tax credits on – there are also larger ones out there such as installing a solar panel or windmill for your power.
These improvements have to be made on the primary residence in order to qualify and the products have to qualify for the tax credit – this doesn't just mean looking for a sticker – they have to be on the list of qualifying items.
Here is some advice and tips to keep in mind when it comes to finding the right contractor in MN for the job that you need done and to qualify for the tax credits as well.
- Always check with the BBB first to find out more about the company and if they provide what you need when it comes to a company that you can trust. You can check them out online for free, which allows you to check their rating and any reviews.
- Always make sure to get an estimate on the project before you have them start – get a few different ones if you have to in order to understand how much you have to cover in cash.
- Make sure that all of the products that you chose for the renovations are qualifying products; this can be done online at www.energystar.gov.
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