For tax purposes, a home improvement includes any work done that substantially adds to the value of your home, increases its useful life, or adapts it to new uses. These include room additions, new bathrooms, decks, fencing, landscaping, wiring upgrades, walkways, driveway, kitchen upgrades, plumbing upgrades, and new roofs. I’m in the process of moving house so this caught my eye! I do find that I’m a hoarder and the sentimental things are the most difficult. However, I’ve already taken a pile of books and knick-knacks to the charity shop and I’m in the process of sorting my clothes; slightly more difficult but many went last year so I have to be more brutal this time. I’m guilty of the ‘I might need that one day’ syndrome!
Jane purchased her home for $500,000 and sold it 25 years later for $900,000 During the time she owned her home, she made $50,000 worth of improvements, including a new bathroom and kitchen. These increased her basis to $550,000. She subtracts her $550,000 basis from the $900,000 sales price to determine her gain from the sale-$350,000. Only this amount is subject to tax (if Jane qualifies for the home sale tax exclusion, she need not pay tax on $250,000 of this amount).
Tim Allen , Richard Karn , Casey Sander , and Debbe Dunning had a reunion in a television special named Tim Allen Presents: A User’s Guide to Home Improvement in 2003 (a terminally ill Earl Hindman did voice-overs, befitting his never-seen persona of Wilson). 53 Allen presented his own favorite clips from the show, insider’s tips, personal reflections and a question and answer session with the live audience. The special is included on the season 8 DVD set.
The Elyria Flea Market would close shortly after the roof collapsed. Also, Elyria’s DIY received the short-lived green-and-yellow makeover, also housing the ‘dollar-store’ substore of FrugalBee$. When the Flea Market opened, you could see the interior had not been touched, with the DIY portions still in green and FrugalBee$ in the wood-tone brown.
Disconnect all outdoor hoses and turn off water to exterior faucets and sprinkler systems….and install outside faucet covers. Demolition work is already difficult enough as it is, so you don’t want to spend a lot of time doing clean up. This should remove the blockage, but in the event that normal water flow does not resume immediately, repeat this process a few more times before moving onto a different method.
Mario Lopez, who played jock A.C. Slater, flew under the radar after SBTB until his breakout role as Dr. Mike Hamoui in the FX drama Nip/Tuck. Since then he has maintained a constant presence in the entertainment industry. He danced on the third season of Dancing With The Stars, hosted MTV’s America’s Best Dance Crew, and is a current correspondent for Extra!. His bangin’ 6 pack probably doesn’t hurt his star appeal either.