How come us Amuricans can’t have a “home renovation tax credit” like Canadians?
Posted on | June 12, 2009 | 1 Comment
Just Plain American asked:
I am currently looking to refurnish my abode. I decided to see if the ikea site in canada had different furnishing. To my amazement, they said you can get a tax credit for buying the stuff for renovating your home!
Now, why can’t our politicans give us deals like that!?
http://www.ikea.com/ca/en
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One Response to “How come us Amuricans can’t have a “home renovation tax credit” like Canadians?”
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June 13th, 2009 @ 10:36 pm
Under Obama’s stimulus bill, you can get a credit of up to $1500 for energy efficient remodeling.
Sometimes you can get local tax break on your property taxes if you remodel and increase the value of your house. It all depends on where you live.