Invest Your Tax Refund in Your Home

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

  1. 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.
  2. 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.
  3. 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.
Posted in News, Things to Know

Mortgage Calculator
Purchase Price
Down Payment
Interest Rate
Property Tax (Per Year)
Term (years)
Start Date
Powered by