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ROI or money pit? Prioritizing home renovations with ROI and tax in mind

Every homeowner faces an endless list of potential projects, but not all renovations are created equal when it comes to your financial bottom line. Strategic home improvements can impact not only your future sale price, but also your utility bills, insurance costs, tax obligations, and overall financial position. Learn how to prioritize your project list using a financially grounded framework that considers ROI, tax opportunities, and long-term asset preservation.

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KEY TAX PROVISIONS ENACTED IN THE ONE BIG BEAUTIFUL BILL ACT

On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law, introducing extensive changes to the U.S. tax code. Most taxpayers want to know how this will affect their business and personal returns. A large portion of this bill made permanent the tax changes we saw with the 2017 TCJA, which was set to expire at the end of 2025. While the legislation spans a wide range of policy areas, we want to present a summary of aspects of the bill that focus on the tax provisions most relevant to businesses and individuals.

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