Tax Credit Home 2010
May 28th, 2008
Question: Can I still get the $8000 tax credit even if my new home isn’t finished before 12/1/09?
We are purchasing a newly-constructed home, and the builder says it should be ready by mid-November. One of the reasons we are buying is because of all of these tax credits, but what happens if there is a delay in construction and we don’t close escrow/get the key until after the cutoff date? Are we out of luck unless the program is renewed for 2010?
Answer: You tell that builder if you are not in by December 1st then he owes you the 8k
Legislators Join Together and Repeal Home Energy Tax
Despite narrowly passing a 2.5 percent home energy tax earlier this year, the Nassau County legislature recently voted 13-5 in favor of repealing it. During a meeting Dec. 21, the 19-member legislature voted 13-5 in favor of eliminating the tax; Republican Nassau County Executive-elect Edward Mangano, who currently represents the 17th District, was not present for the meeting and therefore did …
Buy before April 30th, 2010 on the newly extended “1st time & current home Buyers Tax Credit“
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