Color Box Painting LLC - Portland, Oregon based Painting Contractor's Blog.
Spring marks the start of both the income tax filing season and home improvement time, but proximity on the calendar isn?t the only thing the two have in common.
Certain types of home improvements can lower your tax bill, or produce a bigger refund to help finance other home projects. Below are some examples, but a word of caution: If you think you quality for any of these benefits, be sure to consult with your tax advisor before filing your return.
Residential energy credit. The cost of installing certain energy-saving items in your main home ? including energy-efficient windows and skylights, exterior doors, insulation systems, a furnace, or hot water heater ? may qualify you for a special tax credit.
Improvements needed for medical care. If you itemize, you may be able to take a deduction for improvements to your home that are made for medical reasons ? widening doorways, adding handrails, sometimes even installing a spa or swimming pool if the main purpose is medical.
Lead-based paint removal. The cost of removing lead-based paint in the course of remodeling or repainting may be tax-deductible.
Points paid for a home improvement loan. You can deduct the cost of points paid on a loan to improve your main home. The deduction can be taken immediately or spread out over the term of the loan.
Capital improvements. Improvements that increase the value of property, lengthen its useful life, or adapt it to a different use (building an addition, converting a basement to a recreation room, or even re-wiring a home, for example) increase the ?basis? of the property and can save on taxes at the time of sale.
Home office deductions. Assuming that you run a business out of your home, direct expenses for things done to the home office such as interior painting, paneling, or carpeting are fully deductible. You may even be able to deduct a portion of the expense for home improvements that benefit your entire home, such as exterior painting or installing a new roof.
Rental property. If you make improvements to rental property that you own, you can recover the cost of the expense over the course of time through depreciation. Simple repairs (including such projects as repainting or fixing broken plaster) can usually be taken immediately as deductions against rental income.
As you can see, there are many connections between your property improvements and your tax liability, so don?t forget about these projects when you file your taxes. Keep careful records, share them with your tax preparer, and get all the tax relief that you deserve!
I get calls from potential clients on an on-going basis to see if I can come out to give them an estimate. When I see homes in this condition, it makes me wonder what could have made them wait this long.
Initially they state the current condition of their paint job is ok, and it needs just a new coat of paint.
I think to myself are they serious? I try to advise them this is going to take more than just a new coat of paint.
The time it will take to set-up for prepping, containment of the paint chips, and disposal. This is just the beginning.
They are under the assumption that it will be a quick project and it should cost no more than $2000~$3000.
The home on the top right took a total of 8 days with a crew of 5 not including supplies. Do the math...
The bottom line is, if you care about curb appeal and maintaining your most valuable asset do some routine maintenence.
Once your home reaches this point, it is a full make-over and it will cost you more than what you had in mind..
If you are in the market for a re-paint, please give us a call or request an estimate here.....It's Free....
Paint overspray is something no homeowner wants to see after spending thousands of dollars to re-paint their home.
This is a common practice for novice or just lazy painting contractors. This is unforgiveable, and they should not get paid!
I have come across this so many times when we are visiting a potential client for an estimate, and one of the first things they ask is, "Does your company mask off the roof or use drop cloths?".
As a painting contractor it is difficult for me to be asked this questions. I advise them "we always mask off any area where we feel paint will be airborne".
We as professional painters should not be asked this question, if everyone has strong work ethics and morals to treat a customer's home as if it were their own, we would not be having this discussion.
I see this type of negligence all over the greater Portland area, and it's a sad site to see.
Let's treat our clients the way they should be treated!
Let us prove to you that not all painter are created equal, request an estimate here....
After many requests from clients who are planning to paint their little one's room while they are in school. Customers tend to ask the following questions:
Can you paint my kid's room during the time they are in school?
Will the paint be dried enough for them to touch when they get home?
Will it have a high paint odor?
We have used the following paints to accomodate our clients with their requests.
Sherwin Williams Harmony and Benjamin Moore Natura have been our choice for children's rooms, bathrooms, and kitchens.
Both paints were excellent in having low odor or no odor.
Harmony was a bit runny, therefore some splattering did occur. Hiding took 2 coats even to cover lighter colors.
Natura was a thicker paint, and splattering was not an issue. Hiding was really good, but two coats were required.
Overall, the clients were very happy with both paints in hiding performance, low or zero odor, and quick drying properties.
We have been using both paints for a while now, and if you are a do it yourselfer - both of these paints will meet your expectations.
Love to hear your feedback on this topic - drop us a line....
If you would like us to do the painting for you, request an estimate here....