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Habitat for Humanity operates about 400 ReStores nationwide, which offer salvaged materials at half off home-center prices. Partnerships are formed when there are two people in business together who plan to share the profits, losses and responsibilities of running the company. You need to file an annual Home Renovation tax return for the company, and then pay your own personal income taxes separately. Home or residential renovation is an almost $300 billion industry in the United States, and a $48 billion industry in Canada. The average cost per project is $3,000 in the United States and $11,000–15,000 in Canada. "If a homeowner wants to demo a deck, well, I am sure they can handle that," says Michael Winn, owner of Winn Design, in Virginia. "But when it comes to interior spaces, I would dissuade them from doing it unless they have done it before." Before cutting a big hole in the side of your house and rearranging the framing, consider less invasive—and less ex...