RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Homeowner Guides: Metal Roofs Eligible for Tax Break

April 19, 2016 1:51 am

Metal roofing has many advantages when it comes to energy efficiency—including a recently-added $500 credit for homeowners. Those who are planning to install a metal roof atop their primary residence in 2016, or installed one in 2015, can capitalize on the tax break.

“Consumers are making informed environmental choices for everything from the car they drive to the clothes they wear. The roof you choose should also be evaluated for its sustainability. This new tax credit makes the decision even easier,” says Dick Bus, president of the Metal Roofing Alliance. “A metal roof is a long-term solution that increases the value of your home while reducing its environmental impact and lowering energy bills.”

Metal roofs feature highly reflective coatings that provide year-round relief from high energy costs, absorbing less heat than other types of roofing. They are available in a variety of materials and styles, including tiles, shakes, shingles, and standing-seam panels.

Certain limitations apply to the metal roof tax credit. If you’re planning to install a metal roof on your home, ask your contractor to provide a copy of the Manufacturer Certification Statement for the product. This is a signed statement from the manufacturer certifying that the metal roof qualifies for the tax credit. You'll need it when you file your taxes, along with IRS Form 5695.

As always, be sure to consult with a qualified tax professional for the most up-to-date qualifying information.

Source: Metal Roofing Alliance

Published with permission from RISMedia.


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Planning an Outdoor Makeover? 15 Popular Upgrades

April 19, 2016 1:51 am

Signs of spring (and summer!) are cropping up everywhere, and for homeowners, that means readying outdoor spaces for the season. Some, according to a Houzz.com report, are planning to renovate, as well.

“Nearly half of outdoor renovators spend six or more hours a week in their yards, motivating them to invest in major features that transform the outdoors into additional living spaces,” says Nino Sitchinava, principal economist at Houzz.

Are you planning to renovate your outdoor space this year? Consider some common upgrades, suggests Sitchinava.

“Hardy plants, LED or solar lighting, and hardscapes in place of lawns are some of the popular low-maintenance choices. Some homeowners are also installing motion-sensitive lighting and precipitation-sensitive irrigation to minimize routine upkeep,” Sitchinava says.

According to the Houzz report, other oft-chosen updates include:

• Additional Space for Children/Pets
• Edible Plants
• Exploratory Paths
• Fencing
• Hammocks
• Play/Climbing Structure
• Rainwater Harvesting System
• Toxin-Free Plants
• Trampoline

Timing will factor significantly into your project decision. The Houzz report shows the deterioration of outdoor elements is the top trigger for an upgrade, so if you have an outdoor feature in need of some TLC, now may be the time to invest in repairs or a replacement.

As far as cost is concerned, many outdoor projects are on the (relatively) low-end of the scale. Most homeowners, according the Houzz report, spend less than $5,000 on a project. To maximize the budget, many turn to the services of a landscape architect, contractor or designer.

Source: Houzz

Published with permission from RISMedia.


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