By Megan Strader (WICHITA, Kan.)
If you've been thinking for awhile that it's time to replace a hot water heater or a furnace for something a little more energy efficient, there may no a better time than in 2009.
Starting January first certain renovations to your house could earn you a tax credit come 2010. "I think it motivates people to do upgrades they might not otherwise do, which eventually is a benefit to everybody," says Wess Galyon, President and Ceo, Wichita Builders Association.
He and others at the organization say they've already starting getting calls from people wondering what the credits are all about. It turns out, replacing certain parts of your home can be worth big bucks come tax time.