Can we expect anymore home improvement tips from our limp-wristed muslim president?

Q. I know a place where he can stuff that insulation.

A. A simple answer would be to turn off the offending appliance. I for one am happy the government is acknowledging energy efficiency.

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What order should home improvement projects be done?

Q. I'm taking over a house and will need to clean the air ducts, paint the walls and ceilings and have the hardwood floors refinished. What is the best order for doing these projects? Thanks.

A. Do the paint work first then refinish the hardwood floors and then clean the air ducts. I have arranged them in such order that first do messy things then do cleaning work.

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Where do I include home improvement depreciation for rental property on form 4562?

Q. I bought rental property in 2010 and rehabbed it before renting it out. I know that the home improvements should be depreciated. I don't know where to include it on form 4562. Do I add it to the purchase price (minus the land value) and make one entry? Or do I enter home improvements and building depreciation on separate lines or separate forms?

A. Get yourself a copy of TurboTax Premier edition and it does all the dirty work for you. The best $70 I ever spent!

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What order should home improvement projects be done?

Q. I'm taking over a house and will need to clean the air ducts, paint the walls and ceilings and have the hardwood floors refinished. What is the best order for doing these projects? Thanks.

A. Do the paint work first then refinish the hardwood floors and then clean the air ducts. I have arranged them in such order that first do messy things then do cleaning work.

Original Question

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Where do I include home improvement depreciation for rental property on form 4562?

Q. I bought rental property in 2010 and rehabbed it before renting it out. I know that the home improvements should be depreciated. I don't know where to include it on form 4562. Do I add it to the purchase price (minus the land value) and make one entry? Or do I enter home improvements and building depreciation on separate lines or separate forms?

A. Get yourself a copy of TurboTax Premier edition and it does all the dirty work for you. The best $70 I ever spent!

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what happens when a home improvement contractor fails to complete the work?

Q. Sales organization subcontracted to a flooring specialist and then sold the paper to a bank. The flooring specialist was incompetent and after two tries could not properly install a floor then abandoned the job. The bank sold the paper to a collection agent and reported my failure to pay to my credit.

A. If you purchased a floor wil installation, and it was not installed properly, you should have gone back to the store to ge a refund.

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What order should home improvement projects be done?

Q. I'm taking over a house and will need to clean the air ducts, paint the walls and ceilings and have the hardwood floors refinished. What is the best order for doing these projects? Thanks.

A. Do the paint work first then refinish the hardwood floors and then clean the air ducts. I have arranged them in such order that first do messy things then do cleaning work.

Original Question

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