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Tax breaks. Improved home value. Eco-friendly. Easier on your wallet. A tankless water heater has countless pluses. If you’re remodeling, building a new home, or in the market for a new house, it pays to consider installing a tankless water heater. They come in both gas and electric styles, and they both have advantages that make one more appealing than the other.

Because so many homeowners are going with tankless water heaters, it’s important that you keep up if you’re going to stay competitive when it comes to the resell of your home. And while no one likes to think about taxes any more than you have to, installing a tankless can actually give you some tax breaks. It’s certainly worth giving your accountant a call to discuss it.