Christmas wish list: Renovations that come with a tax credit!

As many homeowners may know, it was announced that the period of eligibility for the RénoVert tax credit offered by the Quebec government had been extended to March 31, 2019. This means that there is still some time left to get your renovations done and claim the tax credit. That credit can be a nice little gift under the Christmas tree for you.  Or it can help pay off all the other gifts under the tree.

The RénoVert refundable tax credit was introduced on a temporary basis to encourage homeowners to renovate their home in eco-friendly ways that would improve energy efficiency and have a positive environmental impact, which is a win-win situation.

Of course, there are guidelines that must be followed in order to qualify, but in general the renovation work must be done by a qualified contractor under a contract that starts after March 17, 2016 and before April 1, 2019.

The renovation work must be done on a home you own or co-own that was built before January 1, 2016 and is a single family home, condo mobile home, or apartment. It can be a principal residence or a winterized cottage. You can check here to learn more about whether your home qualifies.

The good news is that you can get a tax credit worth up to $10,000. The amount you get corresponds to 20% of your “qualified expenditures”. Qualified expenditures are expenses that are related to eco-friendly renovation work and include items such as permits, contracting services, goods supplied by a contractor and used to carry out the work, clean up and more. The expenditures must exceed $2,500.You will have to confirm your expenditures qualify and you can check here for more details.

At Mose Home Inspection Services, we want to make sure you know everything you need to know about your home. There is nothing worse than starting a renovation job and encountering a lot of unforeseen problems that jack up your budget and hold you hostage. We always strongly suggest having a home inspection done before you start your renovation project to ensure you know what you are dealing with beforehand. Read our blog on this subject here.

To get the RénoVert refundable tax credit you must claim it when you file your income tax return. So you may not have a fat, little check sitting under the tree this year, but when the credit comes in, that credit card bill with all your holiday shopping may be a lot easier to deal with. For me, that reduces the accumulated stress of holiday shopping. Make sure your renovation meets the guidelines, take advantage of the tax credit, appreciate your eco-friendly home, enjoy the holiday period and have a prosperous new year. Happy holidays from the pros at Mose!

Mose Home Inspection Services
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Lay Chan Wee
Lay Chan Wee
01:19 31 Aug 21
I was impressed with the service provided by Rui Su. He was organized, explained in detail area that I am not familiar... with. He provided a good report. I will recommend him if you need home inspection.read more
Mary Jane Caro
Mary Jane Caro
14:25 27 Aug 21
I am always pleased to recommend Carol Mose from Mose Home Inspection Services to my clients who have had offers... accepted on residential real estate properties. She is knowledgeable, thorough, provides clear explanations, and delivers comprehensive reports.read more
Massimo Pannunzio
Massimo Pannunzio
22:05 25 Aug 21
Michael has got to be on of the best home inspectors in all of Quebec. It was amazing working with him and he had my... best interest at heart when making a life changing decision. He made sure I had all the answers and made it easy to work with him. I will be using Mose inspection for any moment that I need an inspection done that's for sure!read more
Amanda Lee
Amanda Lee
19:14 16 Jun 21
Amazing experience with Carol Mose who helped me with a pre-purchase inspection! She was very approachable and... observant, and informed me of all her first impressions on-site. This gave me greater understanding of any conditions as I was able to ask any quick questions on the spot. Her reports are the most thorough that I've seen and include diagrams to help explain what any physical signs mean and potential consequences. Could not have asked for a better inspector!read more
Maeghan Banks
Maeghan Banks
15:38 14 Jun 21
Carol was wonderful to work with for our pre-purchase inspection. She was professional, thorough and communicative,... taking the time to explain her findings as we went through the house. After the inspection, we felt we had clear knowledge of the condition of the house (both pros and cons), allowing us to move forward with the purchase with confidence. Highly recommend!read more
Ryan Chalupovitsch
Ryan Chalupovitsch
13:43 01 Jun 21
Carol Mose is the best home inspector in the business. Approachable and extremely knowledgeable. She did an... inspection for me and really took the time to explain her findings and help me understand the home I was looking to purchase. Cannot recommend her enough. Don’t hesitate.read more
Elisabeth Faure
Elisabeth Faure
21:16 29 Apr 21
This is the second time I have used MOSE, and they are always really amazing. Very nice, very professional. they came... to have a look at my roof and let me know if we were due for a repair - I was very satisfied with everything and would recommend them to anybody!read more
Hannah S
Hannah S
22:05 16 Apr 21
I had a great experience with Mose home inspection. My husband and I are first time homebuyers and so had a ton of... questions about the process. Everyone we talked with was really informative and helpful. Michael was our inspector and was phenomenal. The inspection was very thorough and he explained everything in detail with realistic next steps for us to take. We came out of the inspection feeling really informed. Plus, he is just an absolute delight! He had very contagious enthusiasm and made the inspection a really positive experience. Would highly recommend!read more
Gabriel Lukuc
Gabriel Lukuc
03:05 16 Apr 21
Michael was amazing. He took the time to explain to us what’s really important and the reasoning behind it. We’re not... very handy nor savvy when it comes to home construction so we really appreciate him taking the time to explain to us all aspects of the inspection. Also, Michael was friendly, professional and timely; he provided the report over a holiday and a weekend.read more
Stephanie Ballard
Stephanie Ballard
14:24 19 Mar 21
MOSE is the best in the business. Once again we were happy with their inspection services - they are professional,... friendly and knowledgeable. Would not hesitate to recommend to friends and family (and have)!read more
Rodrigo Morales
Rodrigo Morales
18:27 10 Sep 20
Home inspection
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