Paige provided excellent and professional service in selling my home in Kelowna. Every detail was perfect. I will recommend Paige without reservation to anyone I know buying or selling real estate.

-Dale Bjornson

You are here: Home Renovation Tax Credit Expires Soon!

Home Renovation Tax Credit Expires Soon!

The Home Renovation Tax Credit, a hugely popular incentive for homeowners to renovate or improve their homes, is set to expire January 31st.  More than 4 million Canadians have inquired about this program and time is running out to benefit.  On the table is a 15% income tax credit for eligible renovation expense between $1,000 and maxing out at $10,000.  In other words each family is able to get a $1,350 reduction in their income tax payable for 2010!  These reno’s must have occurred between January 27, 2009 and February 1, 2010.  Any supplies/materials must have been purchased and in your possession, and work must be completed by Feb 1st  to qualify.  Link to full article.