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March 2013

There are 5 blog entries for March 2013.

How to Pick Paint Colors

By: Jan Soults Walker

Published: December 17, 2012

Paint has remodeling power when you use it to emphasize a room’s best features or play down the flaws.

 

“Paint is a powerful tool that can enhance the architectural character and intent of space,” says Minneapolis architect Petra Schwartze of TEA2 Architects. “As you choose your paint, think about what the experience in the room should be.”

More Schwartze advice:

  • Always sample paint colors on a few walls. Don’t be shy about painting a few large swaths on walls and trim to consider the effect of natural and artificial lighting. Add samples to opposite sides of a room to judge the paint color from different angles.
  • Check the space with the samples in place
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  Visit HouseLogic.com for more articles like this. Reprinted from HouseLogic.com with permission of the NATIONAL ASSOCIATION OF REALTORS®." www.HouseLogic.com.

7 Tips for Staging Your Home

By: G. M. Filisko

Published: March 19, 2010

 Make your home warm and inviting to boost your home’s value and speed up the sale process.

1. Start with a clean slate

Before you can worry about where to place furniture and which wall hanging should go where, each room in your home must be spotless. Do a thorough cleaning right down to the nitpicky details like wiping down light switch covers. Deep clean and deodorize carpets and window coverings.

2. Stow away your clutter

It’s harder for buyers to picture themselves in your home when they’re looking

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  Visit HouseLogic.com for more articles like this. Reprinted from HouseLogic.com with permission of the NATIONAL ASSOCIATION OF REALTORS®." www.HouseLogic.com.

Your Top Home Ownership Tax Questions Answered

By: Natasha Padgitt

Published: December 31, 2012

Which tax benefits do home owners miss? Will you get audited if you take the home office deduction? Find out the answers to these questions and more before Tax Day.

 

There are a lot of home ownership tax benefits — if you don’t forget to take them. To make sure you get your due, HouseLogic asked tax expert Abe Schneier, a senior technical manager with the American Institute of CPAs, for tax-filing tips.

HouseLogic: What’s the most common home-related tax deduction or credit claimed

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5 Good Reasons to Amend Your Tax Return — and How

By: Reyna Gobel

Published: December 21, 2012

Missed tax deduction? Overlooked tax credit? Get what’s coming to you by amending your return.

1. Home office deduction

If your home is your principal place of business, you can deduct a percentage of eligible home expenses like:

  • Utilities
  • Mortgage interest for the proportion of the house used as your office
  • Home repairs and maintenance

Forms you'll need to file an amendment:

  • 1040X
  • Form 8829 and Schedule A (if you're employed by someone else) for the year you’re amending
  • Schedule C (if you're self-employed) for the year you’re amending

2. Energy tax credit

If you installed energy-efficiency

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How to Get Your PMI Deduction

By: Richard Koreto

Published: February 14, 2013

Deducting PMI premiums can save you hundreds of dollars. Here’s what you need to know to get the deduction.

Do You Qualify for the Deduction?

Just because you have PMI premiums doesn’t mean you can deduct them. Here’s what qualifies you:

  • You got your loan in 2007 or later.
  • Your mortgage is for your primary residence or a second home that’s not a rental property.
  • Your adjusted gross income is no more than $109,000. The deduction begins to phase out once your adjusted gross income (AGI) exceeds $100,000 ($50,000 for married filing separately) and disappears entirely at an AGI of more than $109,000 ($54,500 for married filing separately).

How to

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