RenoFi Team

Generally, you can’t directly deduct the cost of home renovation projects from your taxable income.

Home taxes, also known as property taxes, are levied by local governments and are based on the assessed value of your property.

A no-income verification home equity loan, or NIV loan, allows homeowners to access the equity in their home without providing traditional income documentation.

Zero interest home improvement loans provide money to help you renovate your home or do home additions without charging you interest.

ADU with garage is a secondary housing unit on a single-family residential lot with a dedicated garage space.

States that allow ADUs include California, Oregon, Maine, Connecticut, Washington, and New York along with other ADU-friendly states, each having its own rules.

A prefab ADU Los Angeles involves building the unit in a climate-controlled factory and transporting it to the desired site for installation.

Pre-approved ADU plans in California offer an effective living solution for the homeowner and ease the complexities involved in the permitting process.

Plus One ADU Program combines no or low-interest construction financing grants or capital loans for homeowners to convert or build ADUs on their properties.

New ADU laws in California 2024 feature major relaxations and offer incentives that encourage homeowners and landlords to invest in an ADU right away.