does home purchase change taxes

[fwjone819]

Friend has always done their own taxes but will be using a tax professional this year due to having multiple changes in their income for the tax year. They don't have a meeting scheduled for several weeks yet but are trying to gather appropriate paperwork together. She already has listed the usual (Wages etc) BUT, they purchased a 2014 manufactured home in 2013 and paid extra for high efficiency propane furnace, Increased insulation in the attic space, and insulated underpinning. New appliances came with the home that are energy star rated. They also had to install a septic system, water and utilities to the property during that time. Are any of these items that might come into play for tax purposes? The home is on a 15 acre farm if that makes any difference. Thanks for any help.

[mwcpa]

the real estate taxes paid on the property, the mortgage interest on the home purchase are big costs that can be deducted.

the furnace, insulation, etc may lead to a federal income tax credit, if the requirements are met, bring the original invoice and the detail on the equipment and materials.

appliance do not lead to federal income tax credit, but some states may have state tax credit that may come into play.

septic, water, utility installation and most costs related to acquire the home are not deductible, but capitalized and used to determine any gain/loss if the property is sold later.  generally, the first 250K (500K for an electing married couple filing joint) of gain is not taxed.