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Home reno tax credits
Is anyone maxed out for thier home renovation tax credit? Just curious, because there seems to be a lot of DIY'ers here. I racked up about $4600.00 on renos this year. How about everyone else?
Danny |
I'm POed because I did most of my major renos in the 2 years before the tax credit was set in place. Bathroom, tiling, deck, doubleglazed windows, kitchen sink, etc. etc.
So, nope, not getting a dime from this program. |
Have to add up all my receipts yet but probably close to $5000.
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More than maxed out! I haven't totalled yet but roughly $16,000. We were only going to replace the fence this year, but with the credit available, we decided to max out and do some of the stuff we were planning for the next 2-3 years.
Upgraded electrical panel ,finally central air , new stamped concrete sidewalk, new fibreglass front door (very fan$$$y), and anything else we needed, we got from RONA. (they had their own renovation plan. Get an extra 10% back in giftcards) |
My parents and I just moved in to a new house and developing the basement goes down as tax credit. Father said they it maxed awhile ago lol.
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between the new roof and painting the entire house (exterior), ya, we used up all of the credits :biggrin:
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We are around $5000-$600o I think, deck fence, basement finsh... only got material costs since I did everything myself
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Likely around triple the amount. Our kitchen cabinets alone were over the max amount. *sigh* What a year! I'm never doing that again!
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Maxed out and then some - ahh, the joys of owning an old house.
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Replace furnace and a/c well over 10,000, plus got back 1390.00 in rebates.
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