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POLL: Are you planning to re-invest your tax refund into your home?

9 years ago


Walnut Creek Residence · More Info

If you are getting a tax refund this year, are you planning to put that money back into your home?

VOTE and tell us about it!

Yes
No

Comments (43)

  • 9 years ago

    What is a "tax refund?" ;)

  • 9 years ago

    A NEW flat

    roof on my Ranch home. Woohoo!

    Emily Hurley thanked Melody Drinkwater Wagner
  • 9 years ago

    What refund???

  • 9 years ago

    Complete update in two bathrooms. Quarts countertops, subway tile in one, using white and grays.

    Emily Hurley thanked Janice FOSTER
  • 9 years ago

    Backyard redux

    Emily Hurley thanked kimhayesz
  • 9 years ago

    All new appliances!

    Emily Hurley thanked Leslie
  • 9 years ago

    If I ever received a loan repayment from the Feds, I would like to invest it in a Porsche. Sounds close enough?

  • 9 years ago

    New windows!

    Emily Hurley thanked woogies3
  • 9 years ago

    If I get a refund this year, it might turn out to be enough to buy a bag or two of groceries... but I think I'm going to wind up owing them. Sigh.

  • 9 years ago
    last modified: 9 years ago

    What refund? I've actually forgotten what that is as the Feds just take, take, take, and then take some more!

  • 9 years ago
    Paying down the mortgage!
  • 9 years ago
    I don't get a tax refund. I set my withholding appropriately - so I don't give the government an interest-free loan every year.
  • 9 years ago

    We're trying to become debt-free. So, alas, it will be paying down the amount I owe on the car.

  • 9 years ago

    If you are getting a tax refund this year, you made a mistake by giving the government an interest-free loan. Adjust your withholding accordingly and get your finances in better order. THEN you may well have money to reinvest in your home, if that move makes financial sense in your particular situation.

  • 9 years ago
    Always the same. Pay down the home equity line so we can take it out again for the next home improvement project.
  • 9 years ago

    I've spent the tax refund & more on a master bath update.

  • 9 years ago

    I agree with aiming to come out just right, without having overpaid by the end of the tax year. I think that's ideal. However if your income fluctuates as mine does, it gets a little tricky without spending extra on accountant fees. I'm usually close, and while sometimes I'm a little overpaid, I also have never had to pay a penalty for being underpaid in any quarter. In my view that would be worse.

  • 9 years ago

    Our tax refund is slim but it is going toward buying us a new organic and safe mattress.

  • 9 years ago

    Vacation!?!

  • 9 years ago

    No, I'm selling soon.

  • 9 years ago

    What tax refund?????

  • 9 years ago

    I am getting about $500-ish and it is going to my house.

    It is enough to pay for my new switch plates and door handles.

    Other than that, this year's projects are: art, landscaping, a new patio set and grill, and fixing the cracks in the patio and driveway.

    Next year will be flooring.

    Almost done with the whole renovation.

  • 9 years ago

    We have our taxes set up to be enough to pay the property tax.

    So in a way we are putting it back into the house.

    No improvements however...

  • 9 years ago
    I'm putting about half of my tax refund to pay extra on the principal on my mortgage. So yes it's going into my house but it won't be visible!
  • 9 years ago

    Going toward a kitchen remodel.

  • 9 years ago

    New front door.

  • 9 years ago
    why ask the question? why do you care what we do? feels like some kind of marketing survey.
  • 9 years ago

    New floors!

  • 9 years ago

    We try to keep our refund small (less of an interest-free loan to Uncle Sam that way) but what we got from the Feds and our state is going to energy-efficient windows. Ours are the original 1982 installation, complete with storm windows you have to remove/replace. Tired of that chore year-in, year-out!

  • 9 years ago

    Nope. We'll be using it on our first real vacation ever.

  • 9 years ago

    Went straight into savings. After an extended illness, stock market plunge, and company closure (all within about 5-6 years), our retirement account was BK (also thanks to the massive early-withdrawal penalties and added taxes). We're past the mark where we were, but it's been a hard climb. Worse still because it all happened as we were nearing retirement. It's extended our stay in the work place by a few years, but the house is paid off, no credit card bills, and no vehicle payments. We've maintained our home, but it does need new flooring and updated countertops. That can be the new buyers' problem when we retire in 2 more years. Bye bye California, hello anywhere else!

  • 9 years ago

    This is a wonderful forum if you like your life and home, but if not you have the option not to post!

  • 9 years ago
    As always, to the home since we bought a money pit!
  • 9 years ago

    Replacing some guttering along the back of the house that bent in a storm. Not enough to meet the deductible for homeowner's insurance.


  • 9 years ago

    We would, however we have been on one income for three years now and my husband needed a new truck two years ago.

  • 9 years ago
    Yes! I plunked it down to help pay for our cabinets to be professionally painted! Before and after:
  • 9 years ago
    we could use a new refrigerator
  • 9 years ago

    This is the first time in a decade that we're getting a Federal refund. Normally, we get about $100 from the state and let them keep it for next year. We've already spent the $900 we're getting back this year in our basement project. After 13 years we decided to do something with our concrete box in the ground and put in a bar then make my gym area more comfortable. It will barely make a dent, but, it's a start.

  • 9 years ago

    New front door and storm door - rest goes to property taxes

  • 9 years ago

    A new walk-in closet for the wifey!

  • 9 years ago
    Goes to kids school tuition and bills.
  • 9 years ago

    I concur with a few others here - what's a tax refund?