Home reno tax credits

[Funky_Fish14]

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.

[kien]

between the new roof and painting the entire house (exterior), ya, we used up all of the credits

[toxic111]

We are around $5000-$600o I think, deck fence, basement finsh... only got material costs since I did everything myself

[Reefer Rob]

Likely around triple the amount. Our kitchen cabinets alone were over the max amount. *sigh* What a year! I'm never doing that again!

[fkshiu]

Maxed out and then some - ahh, the joys of owning an old house.

[ILIKECOUGARS]

Replace furnace and a/c well over 10,000, plus got back 1390.00 in rebates.

[danny zubot]

We are around $5000-$600o I think, deck fence, basement finsh... only got material costs since I did everything myself

I did everything myself too, so no labour charges to write off for me either.

I wonder if the gov. will do this again? I still have lots to do around the house. Like hardwood floors, new windows, exterior paint, baseboards and window trim through out the entire house. Oh ya, and new kitchen cabinets.

[targaboy78]

Oh boy! Don't get me started.

Wifey mentioned that it might be nice to knock out the wall between the kitchen/living room for an open-concept feel.

Sounded easy enough, so I agreed.

The wall is now gone, which triggered the following;

- Since there is carpet in LR and lino in kitchen, we need new floors. New hardwood for the entire main floor.
- No wall = no place for the couch, unless we put it where the TV currently is.
- New flatscreen for above the fireplace (HD Box too).
- Must update the 70's fireplace.
- New built-in cabinets on either side of new fireplace.
- Continue hardwood down the stairs so we must update the front landing.
- Front landing will be new, should replace the entry door.
- Front entry door is new, we may as well replace the kitchen door as well.
- Scrape popcorn from ceiling.
- Replace florescent lighting with task lighting in kitchen.
- Big island in middle of kitchen but cabinetry won't match.
- New kitchen cabinets with granite counter tops but now everything is new - except the appliances.
- You guessed it - new appliances.

I am into this for about $16,000 so far but about $25 - $35K to go.

Pray for me.

[blacknife]

should have maxed them out but did not have the money too..


stuipid being laid off all summer