Walter and Debbie's renovation project on their longtime family home led to an unexpected and substantial increase in property taxes. The remodel triggered a reassessment of their property value under ...
You won’t owe taxes on the cash you receive from a cash-out refinance. If you use the cash to fund capital improvements on your home, the interest may be tax-deductible. Any mortgage interest you ...
NEW YORK--(BUSINESS WIRE)-- Rithm Capital Corp. (RITM) (NYSE: RITM, “Rithm” or the “Company”), a global, multi-dimensional asset manager with deep experience investing in real estate and credit, today ...
STAMFORD, Conn.--(BUSINESS WIRE)--GE Capital Retail Bank, which provides financial solutions to retailers to help grow their customer sales, announces Think Outside the Toolbox, a new ...
Dear Liz: We replaced our original, fire-vulnerable cedar shake roof with 40-year asphalt shingles 17 years ago. I know that home improvements are added to the basis for capital gains calculation when ...
It’s the rare person who gets excited about tax time, but if you’re a homeowner asking yourself “Are my home improvements tax-deductible?” can mean the difference between losing and saving potentially ...
The Jamestown Public Schools Board of Education, during its Oct. 24 regular meeting, approved a no-tax impact, five-year, $126 million dollar Capital Improvements Project to be presented to community ...
Every person’s tax position is unique and the answer depends on the type of renovations you make and how well you track your expenses. Certain home improvements have tax benefits that can help ...