There a lot of home improvement projects that get put off until better weather arrives such as putting in new windows and purchasing new air conditioners.
Well summer is here and the weather in Brooklyn is balmy, so if you 
are thinking about tackling some of those summertime projects, keep in mind that if you make the right kind of home improvements you can get a nice tax right off on your 2010 Taxes.
The Non-business Energy Property Tax Credit
This tax credit allows you to write off 30% of the cost of the following products on your primary residence if they meet the government’s energy-efficiency standards:
- Central Air Conditioners
- Exterior Windows
- Exterior Doors
- Water Heaters
- Natural gas, propane or oil Furnaces
- Insulation designed to reduce heat loss or gain
- A Metal Roof with the appropriate pigmented coatings
- An asphalt roof with the appropriate cooling granules
There is a lifetime maximum credit of $1,500, and in order to claim the full credit you must spend at least $5,000 on qualified energy-efficient home improvements.
The manufacturer of the products you buy should be able to certify that their product meets government standards or you can also check the Energy Star website.
So save yourself some money on your 2010 taxes. If your planning to make any of the home improvements listed above, make sure that they meet government standards and save those receipts!
