Can I claim my home renovations on my taxes? What improvements qualify for deductions?
You can claim some home renovations on taxes, but it depends on their nature. Typically, improvements that add value or extend the life of your home qualify. For instance, a new roof, remodeling a kitchen, or adding energy-efficient windows may be deductible. Always consult a tax professional for specific advice related to your situation.
Yes, you can claim renovations for energy efficiency or medical needs. Keep records! Always consult a tax pro for specifics tailored to your situation.