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BREEDENS
PLANT HOUSE
Hours: 8:00 a.m. - 6:00 p.m. Everyday
Flower &
Vegetable 0% g*
Bedding HMV'
Plants
Pansies, Primrose,
House Plants, Hanging
Baskets, Geraniums, Herbs,
African Violets, Azaleas,
Rhododendrons and
Perennials DIRECTIONS: From Sperryville, take Route 231, south 10 miles, turn left on 642, go 1’/, miles.
703-923-4381
Real Estate $
Eileen M. Day REALTOR
CAPITAL IMPROVEMENTS
AND TAX DOLLARS
You can save thousands of tax dollars In the future by keeping accurate records of the money you spend on home capital improvements. Accord-, ing to the IRS, a capital improvement must do at least one of the following: 1) Materially add value to the residence or 2) considerably prolong its useful life or 3) adapt the residence to a new use.
By keeping accurate records (cancelled checks and ‘ invoices), you'll save thousands of dollars when the day of reckon; ing comes with the IRS. That's because every dollar spent fof a capital improvement can be deducted from the taxable profit from the home when the home is sold. Over the years, those dollars can add up to a substantial amount.
If you're confused about which kind of expenditures are considered ‘capital improver ments,’ consult your accountant or give me a call.
If there is anything we can do to help you in the field of real estate, please stop In at EILEEN M. DAY, Realtor, the Clopton House, Washington, Va.. 22747. Phone 675-3033. We re here to help.
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