Home Write-Offs

[Firefly]

If we put in a fireplace would we be able to write off the cost? Also what about finishing a basement? Would there be any tax benefit to that? Or would...

[Snowmom]

I paid to get my taxes done this year and my accountant depreciated:
1. Windows we replaced: 39 years.
2. Water Heater we replaced: 7 years....

[sammie]

Hi Tom -

During the winter we heat our house with wood. It significantly reduces our heating bill. In the Record Keeping Guide it lists...

[Kim]

My daycare is a dedicated separate space on the lower level of my home and I use a pellet stove to heat the area. Are pellets for the pellet stove tax...

[legomom922]

My husband has a friend who owns his own heating & air conditioning business, and he always takes care of clenaing our furnace, recharging/repairing...