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▼ 1154 POSTS | WEDDING DATE 3/23/2003 12:00 AM
Posted By

NEW First time home buyer and tax deductions

AmyKay

"I'm Addicted"

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3/23/2003 12:00 AM

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Watermill A+

This year will be the first time that myself and my husband will be able to deduct things at tax time.

What type of things can be deducted?
Interest on the mortgage


What about home improvements? Paint and stuff like that or major stuff like a new kitchen?
 
 
POSTED BY million04@aol.com
10 years ago
▼ 738 POSTS | WEDDING DATE 11/7/2004 3:00 PM
Posted By

NEW Re: First time home buyer and tax deductions

million04@aol.com

million04@aol.com

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thats a great question,
I didnt even know that could be done !
 
 
▼ 1154 POSTS | WEDDING DATE 3/23/2003 12:00 AM
Posted By

NEW Re: First time home buyer and tax deductions

AmyKay

"I'm Addicted"

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Watermill A+

I'm not sure if home improvements can be deducted.
I hope so
 
 
▼ 8059 POSTS | WEDDING DATE 9/27/2003 1:00 PM
Posted By

NEW Re: First time home buyer and tax deductions

MrsTC

MrsTC

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if home improvements can be deducted - i will have to drive to the landfill to dig up my receipts! lol
 
 
▼ 4154 POSTS | WEDDING DATE 5/28/2005 5:00 PM
Posted By

NEW Re: First time home buyer and tax deductions

DjPiLL

DjPiLL

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You might want to have an accountant do your taxes the first year of owning the house just so you don't screw it up. I have done all my taxes every year... even with the co-op. But when I get a house... i am probably gonna have the accountant do it one year to see how he works it.
 
 
POSTED BY Valentinegirl
10 years ago
▼ 7234 POSTS | WEDDING DATE 11/14/2010 12:00 AM
Posted By

NEW Re: First time home buyer and tax deductions

Valentinegirl

*~*~*~*~*~*~*~*

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I thought home repairs can be deducted but all my home improvements have been cash only so they don't charge tax. (Tree removal, and roof). Oh well.
 
 
POSTED BY janwinterbridejoy
10 years ago
▼ 6827 POSTS | WEDDING DATE 1/9/2004 2:30 PM
Posted By

NEW Re: First time home buyer and tax deductions

janwinterbridejoy

janwinterbridejoy

islanders season

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some types of home improvement can be deducted i see people do it all the time.
 
 
▼ 828 POSTS | WEDDING DATE 9/25/2004 3:00 PM
Posted By

NEW Re: First time home buyer and tax deductions

kimmie

kimmie

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9/25/2004 3:00 PM

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Larkfield Manor-A++++

So much can be deducted definately have an accountant do your taxes its so worth it. Congrats on the house where is it in E NPT? Looks familiar...
 
 
▼ 1154 POSTS | WEDDING DATE 3/23/2003 12:00 AM
Posted By

NEW Re: First time home buyer and tax deductions

AmyKay

"I'm Addicted"

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1154 TOTAL POSTS

WEDDING DATE
3/23/2003 12:00 AM

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Watermill A+

I'm just going to make a folder and keep every receipt we get.
An accountant will be doing are taxes, that's for sure!
 
 
POSTED BY dgtlsunshine
10 years ago
▼ 2828 POSTS | WEDDING DATE 7/7/2002 12:00 AM
Posted By

NEW Re: First time home buyer and tax deductions

dgtlsunshine

dgtlsunshine

Back to the Workforce :)

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My mom has always deducted home improvements
 
 
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