But Nov. 25 should be celebrated as an Independence Day of sorts, at least by professional athletes ... and probably their fans as well. That's the now forgotten day that baseball player Curt Flood changed sports in this country more than any athlete since Jackie Robinson.
Follow this four-step plan to arrive at the answer. 1. Ballpark the costs. First, get a handle on how much your remodeling dreams will cost. In general, major upgrades, such as a bathroom remodel or a family-room addition, run $100 to $200 and more per square foot. If youâll be using a design pro or remodeling contractor, discuss your project with them to get a rough idea of costs. 2. Figure out how much you have to spend.
If your home improvements include certain types of energy-efficient improvements, you may be able to clam a tax credit. These improvements include solar water heating and electric power, geothermal heat pumps and small wind turbines. Your credit is equal to 30 percent of the cost of installing the products up to $500.f you take out a mortgage or home-equity line that is used exclusively for home improvements, you can deduct the interest on first $500,000 of the loan. If you are married and file a joint return, you can deduct the interest on the first $1,000,000 of the loan.