Tag Archive for ‘remodeling’

Who Claimed the Energy Efficient Improvement Tax Credit?

In 2009, the rules for the tax code section 25C $1,500 energy-efficient improvement tax credit and the uncapped 25D 30% tax credit for home power production equipment tax credit were significantly expanded. The 25C credit is used to improve existing primary residences by installing energy-efficient windows, doors, roofing, and some home property like water heaters. The 25D credit, which rewards homeowners for installing solar panels,… Read More ›

Remodeling Slows in the Second Quarter

The National Association of Home Builders Remodeling Market Index (RMI) dipped to 43.9 in the second quarter of 2011 from the 46.5 posted in the first quarter of the year.  Remodeling activity slowed for the same reasons new construction stagnated in recent months; namely a sluggish economy, lack of consumer confidence, and a strict lending environment. And as we noted last quarter, the… Read More ›