If you are one of the many buyers who have or plan to benefit from the Home Buyer Tax Credit here are a few points to remember.
January 24, 2010
January 18, 2010
Tax Credit Delays
Under the original 1st time home buyer tax credit program you could file your claim electronically. This led to numerous cases of fraud. An example is tax preparer James Otto Price who is alleged to have filed false claims on behalf of fifteen clients for the tax credit.
To apply for the credit under the new legislation passed last November you must now send to the IRS paper copies of form 5405 along with proof of residence, signed mortgage document and other forms of justification. This means your refund will be delayed a few months while the information is processed.
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January 5, 2010
Energy Efficiency Tax Credits
US Capitol
© 2009 JupiterImages Corporation
The fourth article about tax credits for energy savings "Solar Panels" is now available on our blog. Look in the right sidebar and click on the article title. Or you can click here.
These tax credits come from the IRS. You can check into additional credits or rebates with your local utility, city or Cochise County governemnts.
These articles are provided by a new National Association of Realtors website "HouseLogic.com."
Don Grafues
Resource: HouseLogic.com
Resource: HouseLogic.com
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January 3, 2010
Will The Homebuyer Tax Credit Be Extended?
Will the homebuyer tax credit be extended again? Some people believe it will. Speculation is that Congress will give bipartisan support to an extension beyond April of 2010, most likely with a gradual winding down of the credit over 6 to 12 months.
Don Grafues
Resource: The Wall Street Journal
Resource: The Wall Street Journal
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December 26, 2009
Energy Efficiency Tax Credits
US Capitol
© 2009 JupiterImages Corporation
The third article about tax credits for energy saving devices "Replacing Your Roof" is now available on our blog. Look in the right sidebar and click on the article title. Or you can click here.
These tax credits come from the IRS. You can check into additional credits or rebates with your local utility, city or Cochise County governemnts.
These articles are provided by a new National Association of Realtors website "HouseLogic.com."
Don Grafues
Resource: HouseLogic.com
Resource: HouseLogic.com
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December 19, 2009
Energy Efficiency Tax Credits
US Capitol
© 2009 JupiterImages Corporation
The second article about tax credits for energy saving devices "Solar Water Heaters" is now available on our blog. Look in the right sidebar and click on the article title. Or you can click here.
These tax credits come from the IRS. You can check into additional credits or rebates with your local utility, city or Cochise County governemnts.
These articles are provided by a new National Association of Realtors website "HouseLogic.com."
Don Grafues
Resource: HouseLogic.com
Resource: HouseLogic.com
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December 18, 2009
Energy Efficiency Tax Credits
US Capitol
© 2009 JupiterImages Corporation
Over the next few days we will publish five articles about tax credits you can get for making your home more energy efficient. The first one "Replacing Heating & Cooling Systems" is available on our blog now. Look in the right sidebar and click on the article title. Or you can click here.
These tax credits come from the IRS. You can check into additional credits or rebates with your local utility, city or Cochise County governemnts.
These articles are provided by a new National Association of Realtors website "HouseLogic.com."
Don Grafues
Resource: HouseLogic.com
Resource: HouseLogic.com
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