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Invest a Tax Refund in Your Home

By: Mike DeSenne. Published: March 3, 2010

Getting money back from the IRS is a silver lining to paying taxes, but why invest a tax refund in your home instead of, say, a weekend getaway? Because your home is probably your biggest asset, so it pays to take care of it—literally. Even modest investments such as a new washing machine or exterior door can yield surprisingly big returns.

The average tax refund changes from year to year, but lately it’s totaled around $3,000. That’s a tidy windfall. Not everyone is so lucky, of course, but even if you only get back a portion of that amount, there are many great ways to invest a tax refund in your home. Consider these five projects that cost around $1,000.

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April 12, 2011 - Posted by | Uncategorized

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