February 2019

Found 3 blog entries for February 2019.

We’ve all noticed it; the icy cool breezes, the flecks of snow on the lawn, and the need for an extra layer outside. While we might not like to admit it, Winter is just around the corner. Just like you’d get your vehicle ready for the weather ahead, there are some things that homeowners can do to ensure their home doesn’t turn into an ice palace when the temperatures drop.

Getting your home ready for Winter doesn’t have to cost much, and each little improvement can help save expensive fixes and wasted energy, saving you time and money in the long-run.

Here’s how you can get your Northern Michigan home in tip-top condition this Winter:

REVERSE THE CEILING FAN

It’s something incredibly simple but it can make a considerable difference.

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Tax Savers For Home Owners

The tax filing deadline is quickly approaching. If you own a home, here are some important residential tax saving incentives you should not miss:

Residential Energy Tax Credits

  • Residential Energy Efficient Property Credit - Taxpayers may take credit up to 30% of qualified solar, wind, geothermal and fuel cell property improvements. This includes labor costs to assemble, build, and connect the equipment. The credit is capped at $500 per one-half kilowatt of capacity purchased.
     
  • Non-Business Energy Property Credit - Taxpayers may take credit for 10% of the qualifying costs to improve energy-efficiency for non-business property. Qualified improvements include adding insulation, energy-efficient windows/doors, or
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A Guide for Getting Started

Vacation rental homes are spiking in popularity, and for good reason. A 2016 HomeAway survey showed that 70% of vacation rental homeowners could pay at least half the mortgage on their vacation home from the rental income it generates. For owners who work with professional property managers, the cashflow benefits may be even greater.

Investing in a vacation home that’s also a vacation rental can create a best-of-both-worlds scenario: You get to enjoy downtime in one of your favorite locations while getting an income-generating property that helps pay for itself. Full-service vacation rental management companies like Northern Michigan Escapes  make life even easier by booking and communicating with guests while also

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