Comments on: What home improvements can be taken off as deductables on 2007 taxes?

By: Judy

Judy — Tue, 02 Mar 2010 02:33:59 +0000

Only items that qualify for a residential energy credit can be used on your tax return. See form 5695 for specifics – you can download it at irs.gov
References :

By: Spock (rhp)

Spock (rhp) — Tue, 02 Mar 2010 02:10:59 +0000

only current tax advantage I know of is possible energy saving credit.
References :
cpa

By: ruthietoothie1972

ruthietoothie1972 — Tue, 02 Mar 2010 02:00:59 +0000

You cannot deduct those types of things……..now if you had a HELOC and used the money to pay for those items you can deduct the interest that you paid on the HELOC…….
References :

By: Kate B

Kate B — Tue, 02 Mar 2010 01:47:59 +0000

You can't deduct them. You add them to the cost of your house when you sell it, thus reducing your gain for income tax.
References :