Investing in your home is always a good idea. Here are three things you could do, some of which could give you a break on next year’s taxes
- Create an emergency fund. You never know when that water heater is going to leak or the furnace is going to need to be replaced.
- Get a green appliance. If you’ll be in the market for a new major appliance – such as a washer, dishwasher or refrigerator – invest in an ENERGY STAR certified unit. Save money through its energy efficiency and you could qualify for a tax break next year.
- Install a storm door. The EPA estimates that 11% of a home’s heating/cooling loss is the result of leaks through doors and windows. A storm door can add a layer of insulation to reduce energy loss.