With the Eigenmietwert and renovation deductions being phased out in the next few years, how are you all thinking about timing your home projects?
Are you planning to fast-track anything while the tax deductions still exist? (ex. heating systems, insulation, windows, solar) …. Or just renovating as needed regardless of taxes?
I’m debating whether to bundle a few projects sooner rather than later, so it would be interesting to hear what other mustachians are considering.
This. I’ve also considered fast-tracking everything, but in the end I’ll just follow the natural end-of-life cycle for each component.
What I’m planning to address over the next decade or so:
Roof – this will need to be done sooner or later.
Bathrooms – I’d like to upgrade them, but it makes more sense to wait until the plumbing is renewed; otherwise I’d end up opening the walls again after renovating.
Kitchen – I’m thinking about a light refurbishment, but I don’t have any concrete plans yet.
This. I was anyway behind with renovations, instead it’ll be my stocks allocation that will have to stay behind.
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