Today, most of the solar panels you see are photovoltaic (PV), which produce electricity for the home or provide power back to the grid. In the 1980s, there was a significant 70% Federal tax credit available if you added solar panels to your home. At the time, we saw solar panels on rooftops popping up […]
Home appreciation outpacing capital gains exclusion
It is very tough to “outsave” an appreciating real estate market. The 1997 Taxpay Relief Act allowed for a $250,000 capital gains exclusion for a single person and $500,000 for a married couple when a personal residence was sold. The caveat was that the homeowner needed to live in the home for the last two […]
Open houses and Viewing Homes During the Pandemic
How we look at homes has changed a great deal since COVID-19 started to impact our communities. As of June 30, the Safer-at-Home and in the Vast, Great Outdoors public health order was issued by the State of Colorado. This is the eighth amendment to the original Stay-At-Home order. Yes, that means we’ve had eight […]