I was told by Verizon that my remote (P265vRC) is not capable on controlling any auxillary products.
Can you imagine Verizon is going backwards...
Is there any other options out there that would allow me to control both TV and Home Theater?
Options other than what. We don't know enough about your installation. Is this the same TV in the same location, or what? E.G. I use a Harmony remote. My
TV in the family room is the "home theater." I have my remote set up to Watch TV when all I want on is the TV, and Watch TV 2 when I want the amplifier/surround sound/DVD/PS3 on. So, what is it you are trying to do?
Your VZ remote comes in a 2-button variety, and a 4-button (you pay for it) variety which might be sufficient for you. There are lots of alternative remotes.