1.Manage Your Home More Efficiently in 2023
Do you have the warranties for each of your appliances?
Do you know the best place to buy parts?
Has there been a safety recall on anything in your home?
What is the expected life of your appliances and systems?
2. Do you qualify for a reduction in property taxes?
Has your property’s value declined since last year?
If so, you may be eligible for a reduction in your property taxes.
3. Are you taking advantage of all your potential real estate deductions?
Have you claimed the homestead exemption for property taxes? If not, do so immediately.
Do you work from home? If so, you may be able to deduct a proportion of your utility bills, property taxes, maintenance, cleaning, etc.
Did you refinance or purchase your primary residence in the last year? If so, you are probably eligible to deduct the points you paid to obtain the loan.
Did you remodel your property? Be sure to track ALL expenses related to the remodel since you can normally add these costs to your basis. Increasing your basis reduces how much you pay in taxes when you sell.
If you remodeled your home including installing solar, replacing windows, appliances, or other systems with more energy-efficient ones, your home may qualify for a tax credit of up to 30 percent of the cost of the project, up to $1,500. See your tax professional to see which of these deductions may apply in your case.
4. Conduct an energy audit Save between 5-30 percent on your heating and cooling bills
By doing an energy audit
5.Two Ways to Cut Your Watering Bills!
Install a range gauge that turns off your sprinkler system when it rains.
Second, Xeriscaping saves money and water.
Call us at (480) 205 2234 to get more information on current mortgage rates. |