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By reuben (registered) - website | Posted May 13, 2009 at 09:59:31
I think this is a great idea, but I could also see people taking advantage of it. If the purpose of the tax credit is to get old run-down homes fixed up, how do you make sure it is only applied in the areas that need it? Would it be fair to give the same rebate to renovations on homes that are 20 years old and in great shape (a reno like an addition or something) versus homes that are 100 years old and in poor shape (with renovations such as re-wiring, re-roofing, re-cladding, new windows, etc)?
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