Both purchasers and homeowners sometimes question if they can add renovation costs to their mortgage when buying a fixer-upper or remodeling an existing house. On the one hand, doing so results in a single loan and a single monthly payment,...
Don't expect a tax credit if you're putting in a new patio in your backyard or remodeling your kitchen. Home modifications are generally not tax-deductible under the current federal tax code in the United States. There are two situations in...
