homeowners: How Your Status as a New Homeowner Will Affect Your Taxes - 12/31/08 03:23 AM
Many new homeowners have the same question, "How will my status as a new homeowner affect my taxes?" and "What are some deductions I should be aware of?".  Although I cannot provide specific directions on taxes, I can, however, tell you a few things you can deduct on your return to receive the full benefits of home ownership.
For the 2008 tax year, homeowners who do not itemize will be able to deduct property taxes up to $500 for single taxpayers and $1,000 for married couples filing jointly.  This can be deducted on top of standard deductions.
Tax rules can be … (1 comments)

homeowners: Home Maintenance Tips for the Fall - 12/04/08 04:24 AM
As many homeowners already know, owning a home can be a never ending job.  As a homeowner myself, it seems like I finish one repair job just in time to start another.  But over the years, I have also found that regular home maintenance goes a long way in repair prevention.  Following a regular maintenance schedule will only take a short time and can be spread out over the fall months.  And it will save you time and money in the end.
Here are some tips I find helpful:
·         Change your furnace filter.  If you have forced-air heat, it is … (0 comments)

homeowners: Edmond Residents Get Heat Pump Rebates - 07/10/08 03:40 AM
As heating and cooling costs continue to rise, many homeowners are looking for ways to save extra money while they increase their home's energy efficiency.  So, I have found this great way to save money and increase my home's energy efficiency.  It is done by installing a heat pump.
Any Edmond , Oklahoma residents who replace their air-conditioning unit or gas furnace with a ground-source heat pump will be eligible for a heat pump rebate.  This will also save you money each month on your heating and cooling bill.
To qualify for the rebate, the heat pump must meet some criteria.  The electric heat … (1 comments)