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	<title>Basement Remodeling &#187; Uncategorized</title>
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	<description>Basement Ideas for Basement Remodeling</description>
	<lastBuildDate>Fri, 26 Feb 2010 06:19:01 +0000</lastBuildDate>
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		<title>Choosing a basement remodeling contractor</title>
		<link>http://basementsource.com/2010/02/25/choosing-a-basement-remodeling-contractor/</link>
		<comments>http://basementsource.com/2010/02/25/choosing-a-basement-remodeling-contractor/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 06:19:01 +0000</pubDate>
		<dc:creator>Basements</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://basementsource.com/?p=324</guid>
		<description><![CDATA[Finding a trustworthy, reliable, quality contractor to finish you basement can be difficult. After all finishing a basement is  a big job and you want a contractor that has a lot of experience dealing with basement remodeling. There are a few things to consider when hiring your basement contractor.
Here are some basic questions to ask [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_331" class="wp-caption alignright" style="width: 310px"><a href="http://basementsource.com/wp-content/uploads/2010/02/Basement-Ideas-by-Advanced-Renovations-Inc.jpg"><img class="size-medium wp-image-331" title="Basement Ideas by Advanced Renovations Inc" src="http://basementsource.com/wp-content/uploads/2010/02/Basement-Ideas-by-Advanced-Renovations-Inc-300x225.jpg" alt="Finsihed basement job" width="300" height="225" /></a><p class="wp-caption-text">Copyright: Advanced Renovations Inc</p></div>
<p>Finding a trustworthy, reliable, quality contractor to finish you basement can be difficult. After all finishing a basement is  a big job and you want a contractor that has a lot of experience dealing with basement remodeling. There are a few things to consider when hiring your basement contractor.</p>
<p>Here are some basic questions to ask the basement contractor:                                                                      </p>
<p>How long have you been in business?</p>
<p>Do you have liability insurance and workers compensation coverage on your employees?</p>
<p>Will you provide the proper building permits?</p>
<p>Will you assist with basement designs and create custom drawings for the job?</p>
<p>Does your pricing include all labor and materials for the project?</p>
<p>What is the standard warranty period?</p>
<p>How long will it take to complete the project?</p>
<p>Will I be provided a project manager or who will be the available for communication of any issues?</p>
<p>Do you have any references and jobs we can go visit? ( This one is very important )</p>
<p>Everyone always says &#8220;You need to check references&#8221;. I find that most people don&#8217;t. I&#8217;m not sure if they if they just don&#8217;t want to bother people on the reference list or if they are nervous to talk to strangers. Who knows. The one thing I do know is that if you don&#8217;t talk to people that have had work done by the contractor you are considering using then you are not getting the full story on what to expect. Take the time to call those references and pick the most recent ones if possible. Ask the contractors previous clients:</p>
<p>Did they do a  good job?</p>
<p>Did they keep within the budgeted estimate?</p>
<p>Was it a high quality finished product?</p>
<p>Did you get everything you expected?</p>
<p>Did they finish the project on time?</p>
<p>Did they keep the jobsite as clean as possible? ( They should be treating your home like their own )</p>
<p>Were their workers and subcontractors friendly and polite? ( They should treat your family with kindness and respect )</p>
<p>Would you use them again?</p>
<p>and last</p>
<p>Can I come to see the finished basement job?</p>
<p>Some people will not want a stranger coming into their home to see their basement. My experience is if the homeowners are happy with the quality and they like the contractor they used they will be more than happy to have you over to see the finished project.</p>
<p>These tips should help you narrow you search down to a few good contractors. Good luck.</p>
<h2>For more information on basement remodeling visit <a title="Helpful articles about basement remodeling ideas, tips and products" href="http://basementsource.com">BasementSource.com</a></h2>
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		<item>
		<title>If you need basement remodeling ideas try google images or a basement remodeling book</title>
		<link>http://basementsource.com/2010/02/14/if-you-need-basement_remodeling-ideas-try-google-images/</link>
		<comments>http://basementsource.com/2010/02/14/if-you-need-basement_remodeling-ideas-try-google-images/#comments</comments>
		<pubDate>Sun, 14 Feb 2010 17:45:48 +0000</pubDate>
		<dc:creator>Basements</dc:creator>
				<category><![CDATA[Basement]]></category>
		<category><![CDATA[Basement remodeling pictures]]></category>
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		<category><![CDATA[basement bathrooms & accessories]]></category>
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		<category><![CDATA[finished basements]]></category>
		<category><![CDATA[Advanced Renovations]]></category>
		<category><![CDATA[basement bathroom]]></category>
		<category><![CDATA[basement design]]></category>
		<category><![CDATA[basement remodeling pictures]]></category>
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		<category><![CDATA[basements]]></category>
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		<category><![CDATA[columbus]]></category>
		<category><![CDATA[costs]]></category>
		<category><![CDATA[diy basement remodeling]]></category>
		<category><![CDATA[dublin]]></category>
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		<guid isPermaLink="false">http://basements.wordpress.com/?p=14</guid>
		<description><![CDATA[If you are getting ready to finish your basement ? check out google images for ideas but try this basement remodeling book for all your answers.

They are both a great place to find ideas for finishing your basement.  If the project is a &#8221; Do it yourself &#8221; remodeling job or your hiring a contractor you should really check out the [...]]]></description>
			<content:encoded><![CDATA[<h3>If you are getting ready to finish your basement ? check out google images for ideas but try this basement remodeling book for all your answers.</h3>
<p><img src="http://basements.wordpress.com/files/2008/07/basement-remodeling-dublin-oh.jpg?w=300" alt="basement remodeling home theater dublin ohio" width="327" height="255" /></p>
<p>They are both a great place to find ideas for finishing your basement.  If the project is a &#8221; Do it yourself &#8221; remodeling job or your hiring a contractor you should really check out the following book:</p>
<p><a href="http://www.amazon.com/gp/product/1561589373?ie=UTF8&amp;tag=basemeremode-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=1561589373&quot;&gt;Basement Ideas That Work: Creative Design Solutions for Your Home&lt;/a&gt;&lt;img src="><span style="color: #ff6600;">&#8221; <strong>Basement Ideas That Work<img src="http://www.assoc-amazon.com/e/ir?t=basemeremode-20&amp;l=as2&amp;o=1&amp;a=1561589373" border="0" alt="" width="1" height="1" /></strong>&#8220;</span></a></p>
<p>I recommend it to customers who are still looking for ideas and its a must have for anyone who is planning on finishing a basement on their own.</p>
<p>This book has all types of tips, tricks, plans and more about finishing a basement</p>
<p>Otherwise you need to hire a basement contractor or design expert to guide you through the process.</p>
<p>Whether its <a title="Google Images Basement remodeling" href="http://images.google.com/images?hl=en&amp;source=hp&amp;q=basement%20remodeling&amp;um=1&amp;ie=UTF-8&amp;sa=N&amp;tab=wi" target="_blank">google images </a>or the book you will be able to see what some of the latest trends in <a title="basement_remodeling_westerville" href="http://www.aribuilding.com/basement" target="_blank">basement remodeling </a>are along with samples of <a title="home theater basement remodeling dublin oh" href="http://www.aribuilding.com/A.R.Inc.%20Sample%20Job%201%20(30).JPG">home theaters</a>, <a title="basement bathroom dublin oh" href="http://www.aribuilding.com/A.R.Inc.%20Sample%20Job%201%20(107).jpg">bathrooms</a>, <a title="basement remodeling wet bar westerville oh" href="http://www.aribuilding.com/images/A.R.Inc.%20Sample%20Job%201%20(29).JPG">wet bars</a>, <a title="basement remodeling gameroom playroom powell oh" href="http://www.aribuilding.com/IM000747.JPG">playrooms</a>, <a title="basement remodeling fitness area dublin oh" href="http://www.aribuilding.com/images/A.R.Inc.%20Sample%20Job%201%20(97).jpg">fitness areas</a>, <a title="westerville oh basement remodeling built ins custom cabinets" href="http://www.aribuilding.com/images/A.R.Inc.%20Sample%20Job%201%20(36).JPG">built ins</a>, <a href="http://www.google.com/search?hl=en&amp;q=basement+flooring&amp;revid=472751586&amp;sa=X&amp;oi=revisions_inline&amp;resnum=0&amp;ct=broad-revision&amp;cd=4">basement <strong>flooring</strong></a>, basement remodeling plans and much more. You can find other basement remodeling books at the <a href="http://astore.amazon.com/basemeremode-20?_encoding=UTF8&amp;node=1"><strong>BasementSource</strong></a>.</p>
<p>Both are helpful tools for creating the layout of your space because you can see ideas that have  worked for others. Helping you choose style, colors, textures and much more.</p>
<p>If you need a basement remodeling contractor in Columbus Ohio and surrounding areas <a title="Contact us" href="http://aribuilding.com" target="_self"><strong>contact us</strong>.</a></p>
<p>Thanks.</p>
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		<title>Egress Windows</title>
		<link>http://basementsource.com/2010/01/25/egress-windows/</link>
		<comments>http://basementsource.com/2010/01/25/egress-windows/#comments</comments>
		<pubDate>Tue, 26 Jan 2010 04:38:02 +0000</pubDate>
		<dc:creator>Basements</dc:creator>
				<category><![CDATA[Basement]]></category>
		<category><![CDATA[Basement remodeling design and planning]]></category>
		<category><![CDATA[Egress Windows]]></category>
		<category><![CDATA[Fire protection & Safety]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[basement ideas]]></category>
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		<category><![CDATA[basement safety]]></category>
		<category><![CDATA[basement windows]]></category>
		<category><![CDATA[egress windows]]></category>
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		<guid isPermaLink="false">http://basementsource.com/?p=279</guid>
		<description><![CDATA[Are you considering basement remodeling? You should be aware of your local building codes egress requirements. Most municipalities are now requiring emergency exit from the basement and proper emergency entry by firemen and rescue workers in the event of a basement fire. Installing a Egress Window not only allow natural light into your basement but [...]]]></description>
			<content:encoded><![CDATA[<p style="background: white;"><span style="color: #333333; font-family: Book Antiqua; font-size: 12pt;">Are you considering basement remodeling? You should be aware of your local building codes egress requirements. Most municipalities are now requiring emergency exit from the basement and proper emergency entry by firemen and rescue workers in the event of a basement fire. Installing a Egress Window not only allow natural light into your basement but more importantly it will provide a safety escape for you and your family and meet your local basement egress window requirements. The best installation option is to choose a contractor that is familiar with the local codes to be sure you are meeting the requirements. The following information should give you a general idea of the requirements.<br />
</span>  </p>
<p style="text-align: center;"><span style="font-family: Times New Roman; font-size: 13pt;"><strong>Building Planning Codes<br />
IRC Code Section R310<br />
</strong></span>  </p>
<p><span style="color: #231f20;"><span style="font-size: 12pt;"><span style="font-family: Times New Roman;"><strong><br />
R310.1 Emergency escape and rescue required. </strong></span><span style="font-family: Times New Roman;">Basements and every sleeping room shall have at least one operable emergency and rescue opening. Such opening shall open directly into a public street, public alley, yard or court. Where basements contain one or more sleeping rooms, emergency egress and rescue openings shall be required in each sleeping room, but shall not be required in adjoining areas of the basement. Where emergency escape and rescue openings are provided they shall have a sill height of not more than 44 inches (1118 mm) above the floor. Where a door opening having a threshold below the adjacent ground elevation serves as an emergency escape and rescue opening and is provided with a bulkhead enclosure, the bulkhead enclosure shall comply with Section R310.3. The net clear opening dimensions required by this section shall be obtained by the normal operation of the emergency escape and rescue opening from the inside. Emergency escape and rescue openings with a finished sill height below the adjacent ground elevation shall be provided with a window well in accordance with Section R310.2. Emergency escape </span></span><span style="font-family: Times New Roman;"><strong><span style="font-size: 8pt;">52 2006 INTERNATIONAL RESIDENTIAL CODE</span><span style="font-size: 6pt;">® </span></strong></span><span style="font-family: Times New Roman; font-size: 12pt;">and rescue openings shall open directly into a public way, or to a yard or court that opens to a public way.</span></span><span style="font-family: Times New Roman; font-size: 12pt;"><br />
</span>  </p>
<p><img src="http://basements.files.wordpress.com/2010/01/012610_0431_egresswindo1.jpg" alt="" />  </p>
<p style="text-align: center;"><span style="font-size: 12pt;"><span style="color: #231f20;"><span style="font-family: Times New Roman;"><strong>Exception: </strong></span><span style="font-family: Times New Roman;">The ladder or steps required by SectionR310.2.1 shall be permitted to encroach a maximum of 6 inches (152 mm) into the required dimensions of the window well.</span></span><span style="font-family: Times New Roman;"><br />
</span></span>  </p>
<p><span style="font-size: 12pt;"><span style="color: #231f20;"><span style="font-family: Times New Roman;"><strong>R310.2.1 Ladder and steps. </strong></span><span style="font-family: Times New Roman;">Window wells with a vertical depth greater than 44 inches (1118 mm) shall be equipped with a permanently affixed ladder or steps usable with the window in the fully open position. Ladders or steps required by this section shall not be required to comply with Sections R311.5 and R311.6. Ladders or rungs shall have an inside width of at least 12 inches (305 mm), shall project at least 3 inches (76 mm) from the wall and shall be spaced not more than 18 inches (457 mm) on center vertically for the full height of the window well.</span></span><span style="font-family: Times New Roman;"><br />
</span></span>  </p>
<p><span style="font-size: 12pt;"><span style="color: #231f20;"><span style="font-family: Times New Roman;"><strong>R310.3 Bulkhead enclosures. </strong></span><span style="font-family: Times New Roman;">Bulkhead enclosures shall provide direct access to the basement. The bulkhead enclosure with the door panels in the fully open position shall provide the minimum net clear opening required by Section R310.1.1. Bulkhead enclosures shall also comply with Section R311.5.8.2.</span></span><span style="font-family: Times New Roman;"><br />
</span></span>  </p>
<p><span style="color: #231f20;"><span style="font-size: 12pt;"><span style="font-family: Times New Roman;"><strong>R310.4 Bars, grilles, covers and screens. </strong></span><span style="font-family: Times New Roman;">Bars, grilles, covers, screens or similar devices are permitted to be placed over emergency escape and rescue openings, bulkhead enclosures, or window wells that serve such openings, provided the minimum net clear opening size complies with </span><span style="font-family: Times New Roman;"><strong>Exception: </strong></span></span><span style="font-family: Times New Roman;"><span style="font-size: 12pt;">Basements used only to house mechanical equipment and not exceeding total floor area of 200 square feet (18.58 m</span><span style="font-size: 6pt;">2</span><span style="font-size: 12pt;">).</span></span></span><span style="font-family: Times New Roman; font-size: 12pt;"><br />
</span>  </p>
<p><span style="color: #231f20;"><span style="font-family: Times New Roman; font-size: 12pt;"><strong>R310.1.1 Minimum opening area. </strong></span><span style="font-family: Times New Roman;"><span style="font-size: 12pt;">All emergency escape and rescue openings shall have a minimum net clear opening of 5.7 square feet (0.530 m</span><span style="font-size: 6pt;">2</span><span style="font-size: 12pt;">).</span></span></span><span style="font-family: Times New Roman; font-size: 12pt;"><br />
</span>  </p>
<p><span style="color: #231f20;"><span style="font-family: Times New Roman; font-size: 12pt;"><strong>Exception: </strong></span><span style="font-family: Times New Roman;"><span style="font-size: 12pt;">Grade floor openings shall have a minimum net clear opening of 5 square feet (0.465 m</span><span style="font-size: 6pt;">2</span><span style="font-size: 12pt;">).</span></span></span><span style="font-family: Times New Roman; font-size: 12pt;"><br />
</span>  </p>
<p><span style="font-size: 12pt;"><span style="color: #231f20;"><span style="font-family: Times New Roman;"><strong>R310.1.2 Minimum opening height. </strong></span><span style="font-family: Times New Roman;">The minimum net clear opening height shall be 24 inches (610 mm).</span></span><span style="font-family: Times New Roman;"><br />
</span></span>  </p>
<p><span style="font-size: 12pt;"><span style="color: #231f20;"><span style="font-family: Times New Roman;"><strong>R310.1.3 Minimum opening width. </strong></span><span style="font-family: Times New Roman;">The minimum net clear opening width shall be 20 inches (508 mm).</span></span><span style="font-family: Times New Roman;"><br />
</span></span>  </p>
<p><span style="font-size: 12pt;"><span style="color: #231f20;"><span style="font-family: Times New Roman;"><strong>R310.1.4 Operational constraints. </strong></span><span style="font-family: Times New Roman;">Emergency escape and rescue openings shall be operational from the inside of the room without the use of keys, tools or special knowledge.</span></span><span style="font-family: Times New Roman;"><br />
</span></span>  </p>
<p><span style="color: #231f20;"><span style="font-family: Times New Roman; font-size: 12pt;"><strong>R310.2 Window wells. </strong></span><span style="font-family: Times New Roman;"><span style="font-size: 12pt;">The minimum horizontal area of the window well shall be 9 square feet (0.9 m</span><span style="font-size: 6pt;">2</span><span style="font-size: 12pt;">), with a minimum horizontal projection and width of 36 inches (914 mm). The area of the window well shall allow the emergency escape and rescue opening to be fully opened.</span></span></span><span style="font-family: Times New Roman; font-size: 12pt;"><br />
</span>  </p>
<p><span style="font-size: 12pt;"><span style="color: #231f20; font-family: Times New Roman;">Sections R310.1.1 to R310.1.3, and such devices shall be releasable or removable from the inside without the use of a key, tool, special knowledge or force greater than that which is required for normal operation of the escape and rescue opening.</span><span style="font-family: Times New Roman;"><br />
</span></span>  </p>
<p><span style="font-size: 12pt;"><span style="color: #231f20;"><span style="font-family: Times New Roman;"><strong>R310.5 Emergency escape windows under decks and porches. </strong></span><span style="font-family: Times New Roman;">Emergency escape windows are allowed to be installed under decks and porches provided the location of the deck allows the emergency escape window to be fully opened and provides a path not less than 36 inches (914 mm) in height to a yard or court.</span></span></span>  </p>
<p><span style="font-size: 12pt;"><span style="color: #231f20;"><span style="font-family: Times New Roman;">** Always be sure to check your local building department to make sure you meet the local requirements**</span></span></span></p>
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		<title>Your sump pumps best friend, the battery backup</title>
		<link>http://basementsource.com/2010/01/03/your-sump-pumps-best-friend-the-battery-backup/</link>
		<comments>http://basementsource.com/2010/01/03/your-sump-pumps-best-friend-the-battery-backup/#comments</comments>
		<pubDate>Mon, 04 Jan 2010 05:15:25 +0000</pubDate>
		<dc:creator>Basements</dc:creator>
				<category><![CDATA[Back Up sum pump]]></category>
		<category><![CDATA[Plumbing Fixtures]]></category>
		<category><![CDATA[Products and Supplies]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[backup sump pumps]]></category>
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		<guid isPermaLink="false">http://basementsource.com/?p=217</guid>
		<description><![CDATA[One of the most important things you can do before you finish your basement is to ensure you have a quality sump pump and backup system.
Every year I get calls from homeowners who&#8217;s basements have flooded due to power outages or failed sump pumps. I recommend backup systems in every basement I finish. If only [...]]]></description>
			<content:encoded><![CDATA[<p>One of the most important things you can do before you finish your basement is to ensure you have a quality sump pump and backup system.<br />
Every year I get calls from homeowners who&#8217;s basements have flooded due to power outages or failed sump pumps. I recommend backup systems in every basement I finish. If only the contractor that finished their basement would have recommended or installed a backup sump pump system they could have saved thousands of dollars in repairs, insurance premiums, not to mention the headaches of refinishing their basements. If your remodeling your basement spend the extra $500-$1,000 to install the proper backup equipment. Most water backup insurance deductibles are $1,000 and if you have a problem you&#8217;ll spend that anyway. At least this will save you the hassle and headache of tearing out the carpet, trim, drywall, insulation and re doing it all.<br />
There are many things that can go wrong down with a sump pump that can cause basement flooding. It can be a power outage, a failed sump pump, a stuck float switch or a sump pump that cannot keep up with the inflow of water. Most builder use the cheapest pump they can find during construction and usually the sump pit is littered with debris by the end of the job. that sump pump has been pumping out mud, sawdust, trash, or anything else that falls in the pit. By using a battery backup sump pump your basement should remain dry during almost any occurrence.</p>
<p>So here are my recommendations.<br />
1. Change out your existing pump with a high quality pump like the <a title="Upgraded Main Sump Pump" href="http://www.amazon.com/gp/product/B000H5PYR2?ie=UTF8&amp;tag=basemeremode-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B000H5PYR2&quot;&gt;Zoeller M53 Automatic Mighty Mate 1/3 hp Sump Pump&lt;/a&gt;&lt;img src=&quot; target=_self mce_href=&quot; mce_src=&quot; target=_self mce_href=&quot;http://www.amazon.com/gp/product/B000H5PYR2?ie=UTF8&amp;tag=basemeremode-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B000H5PYR2&quot;&gt;Zoeller M53 Automatic Mighty Mate 1/3 hp Sump Pump&lt;/a&gt;&lt;img src=&quot; mce_style=&quot; mce_src=&quot; mce_style=&quot;&quot;border:none">Zoeller M53 Automatic Mighty Mate 1/3 hp Sump Pump</a></p>
<p>2. Buy a battery backup system to install or have your contractor do it. The two I recommend are the following:<br />
Standard- <a title="Standard Backup Sump Pump" href="http://www.amazon.com/gp/product/B001KSVXRA?ie=UTF8&amp;tag=basemeremode-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B001KSVXRA&quot;&gt;Glentronics Bw4000 Combination Primary and Back-up Sump Pump System&lt;/a&gt;&lt;img src=&quot; target=_self mce_href=&quot; mce_src=&quot; target=_self mce_href=&quot;http://www.amazon.com/gp/product/B001KSVXRA?ie=UTF8&amp;tag=basemeremode-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=B001KSVXRA&quot;&gt;Glentronics Bw4000 Combination Primary and Back-up Sump Pump System&lt;/a&gt;&lt;img src=&quot; mce_style=&quot; mce_src=&quot; mce_style=&quot;&quot;border:none">Glentronic&#8217;s Bw4000 Combination Primary and Back-up Sump Pump System</a><br />
Best- <a style="&quot;border:none" title="Best Backup Sump Pump" href="http://www.amazon.com/gp/product/B002RDUSSC?ie=UTF8&amp;tag=basemeremode-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=B002RDUSSC&quot;&gt;SUMPRO Gold Complete Battery Back-up System w/ 2 Batteries (5000 GPH) - SPD-SUMPROGOLDKIT" target="_blank">SUMPRO Gold Complete Battery Back-up System w/ 2 Batteries (5000 GPH) &#8211; SPD- SUMPROGOLDKIT</a><br />
(Most systems require you buy the batteries separate but you normally get the best deal from a local dealer like interstate batteries or an auto part store.)</p>
<p>3. <strong>Always, Always, Always</strong> have you battery backup system installed on a seperate breaker from your existing sump pump. If for some reason one of the breakers trips the other one should still function.</p>
<p>4. Normally the batteries only last for about 4 years so keep track of when you installed it and when its due for replacement. </p>
<div id="attachment_227" class="wp-caption aligncenter" style="width: 533px"><a rel="attachment wp-att-227" href="http://basementsource.com/2010/01/03/your-sump-pumps-best-friend-the-battery-backup/basement-water-damage/"><img class="size-large wp-image-227     " title="basement water damage" src="http://basementsource.com/wp-content/uploads/2010/01/basement-water-damage-1024x614.jpg" alt="Always use a backup sump pump in your finished basement" width="523" height="319" /></a><p class="wp-caption-text">Always use a backup sump pump in your finished basement</p></div>
<p>Author: David Michael</p>
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		<title>Tax Credits and Green Home Improvements</title>
		<link>http://basementsource.com/2009/12/17/tax-credits-and-green-home-improvements/</link>
		<comments>http://basementsource.com/2009/12/17/tax-credits-and-green-home-improvements/#comments</comments>
		<pubDate>Fri, 18 Dec 2009 04:05:08 +0000</pubDate>
		<dc:creator>Basements</dc:creator>
				<category><![CDATA[GREEN IDEAS]]></category>
		<category><![CDATA[Insulation]]></category>
		<category><![CDATA[Plumbing Fixtures]]></category>
		<category><![CDATA[Tax Credits]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[basements]]></category>
		<category><![CDATA[green]]></category>
		<category><![CDATA[tankless hot water heaters]]></category>
		<category><![CDATA[tax credit]]></category>

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		<description><![CDATA[
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Buying a home or making green home improvements? Don&#8217;t miss out on these tax credits
(ARA) &#8211; A wide range of tax law changes over the last year will result in considerable savings for millions of Americans on their 2009 federal tax returns. Homebuyers and homeowners have some of the most to gain from [...]]]></description>
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Buying a home or making green home improvements? Don&#8217;t miss out on these tax credits</p>
<p>(ARA) &#8211; A wide range of tax law changes over the last year will result in considerable savings for millions of Americans on their 2009 federal tax returns. Homebuyers and homeowners have some of the most to gain from the changes.</p>
<p>Understanding the qualifications for home-related credits can be confusing and intimidating. Jessi Dolmage, spokeswoman for 2nd Story Software, the makers of TaxACT, breaks them down.</p>
<p>&#8220;If you&#8217;ve never owned or haven&#8217;t owned a principal residence during the three years prior to the purchase date, you may qualify for the First-Time Homebuyer Credit. The purchase date must fall after April 8, 2009 and before May 1, 2010, with closing to take place before July 1, 2010. It&#8217;s equal to 10 percent of the purchase price, up to a maximum of $8,000. You only have to repay the money if the home ceases to be your primary residence or is sold within three years of purchase,&#8221; says Dolmage.</p>
<p>Property cannot be acquired from a relative, and married taxpayers must both qualify as first-time homebuyers if filing jointly. The credit can be claimed on a 2009 return or an amended 2008 return.</p>
<p>The Worker, Homeownership and Business Assistance Act of 2009 extended the credit&#8217;s closing date from Nov. 30, 2009, to April 30, 2010, and added rules for homes purchased after Nov. 6, 2009, including:</p>
<p>* You must be at least 18 on the purchase date (only one spouse must be 18) and cannot be claimed as a dependent.<br />
* Purchase price cannot exceed $800,000.<br />
* If the sale doesn&#8217;t close by April 30, 2010, you may still qualify if there&#8217;s a binding contract to purchase by that date. The sale must close before July 1, 2010, and the credit cannot be claimed before the closing date.</p>
<p>Purchase date and modified adjusted gross income (MAGI) determine credit phase out. If the purchase date was before Nov. 7, 2009, full credit is available to those with an MAGI up to $75,000 ($150,000 for joint filers). If you have an MAGI between $75,000 and $95,000 ($150,000 and $170,000 for joint filers), you&#8217;re eligible for reduced credit. Higher incomes do not qualify.</p>
<p>If the purchase date is after Nov. 6, 2009, full credit is available to those with an MAGI of up to $125,000 ($225,000 for joint filers). If your MAGI falls between $125,000 and $145,000 ($225,000 and $245,000 for joint filers), you could receive a reduced credit. Higher incomes don&#8217;t qualify.</p>
<p>&#8220;Current homeowners looking for a different or new home may also qualify for the First-Time Homebuyer Credit,&#8221; Dolmage says. &#8220;The Worker, Homeownership and Business Assistance Act modified the credit to allow for up to $6,500 if you purchase a replacement home before April 30, 2010. You must have lived in the same principal residence for a five-consecutive-year period during the eight-year period that ends on the purchase date of the replacement home.&#8221;</p>
<p>In addition:</p>
<p>* You must buy, or enter into a binding contract to buy, a principal residence after Nov. 6, 2009, and before May 1, 2010, and close on it before July 1, 2010.<br />
* The credit phases out for those with an MAGI between $125,000 and $145,000 ($225,000 and $245,000 for joint filers).<br />
* 2009 purchases must be claimed on a 2009 return; 2010 purchases can be claimed on a 2009 or 2010 return.</p>
<p>All homeowners can claim tax credits for green improvements. The Residential Energy Property Credit is worth 30 percent, up to $1,500, for improvements such as adding insulation or installing energy-efficient windows, doors, or heating and air conditioning systems. Bigger improvements involving alternative energy equipment, like solar hot water heaters, geothermal heat pumps and wind turbines can be claimed under the Residential Energy Efficiency Property Credit. This credit is equal to 30 percent of the cost of the qualified property, with no limit on the maximum amount of the credit available.</p>
<p>New tax laws also include breaks for children, college expenses, new vehicles, unemployment and several other areas. Information about all 2009 tax law changes can be found at www.IRS.gov.</p>
<p>&#8220;You can see exactly how the changes will affect your 2009 taxes with TaxACT Free Federal Edition,&#8221; Dolmage adds.&#8221; With TaxACT, all taxpayers can prepare, print and e-file their IRS return for free. Go to www.TaxACT.com to get started.&#8221;<br />
Courtesy of ARAcontent</p>
<p>For more basement remodeling tips visit <a href="http://www.basementsource.com">BasementSource</a></p>
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