Posts Tagged ‘homeowner tax tips’

Tax Relief Home Energy Credit Still Available for 2011

Tuesday, November 22nd, 2011

As 2011 slowly draws to a close, the IRS wants to remind homeowners that there is still time in the year to take advantage of the tax relief of home energy credits. The Nonbusiness Energy Property Credit is available for homeowners who have installed or are installing energy efficiency improvements to their home before the close of the year. Installations such as new windows, insulation and furnaces can help qualify
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Tax relief tip: Remember the 14-day rule when renting out your home

Wednesday, July 6th, 2011

Tom Herman of the Wall Street Journal posted a great tax relief tip article, Renting Out Home? Watch for 14-Day Rule, that includes tax tips to consider when renting out your home for the summer.  Herman notes that under IRS rules you can rent out your home for up to 14 days in a year without being subject to Federal income tax. If you go over the 14 day rental
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