The Federal Tax Credits Blog

Posts Tagged ‘green’

Home Energy Assessments

Question: What can the feds do now to boost the economy?

They tried:
8,000 home buyers credit (which cost every tax-payer about $250)
cash for clunkers (biggest failure ever)
credits for energy efficient windows and appliances
They have even released oil reserves to “try” to lower gas prices
QE2 is over today

What else can they do?

Answer: Have a war in the US (North vs South) or de-computerize, de-mechanize every industry and put more people to work.

New Orleans still ain’t rebuilt from Katrina plus this years hurricane destruction and flooding and fires.

You got enough to keep you busy. The US is the wealthiest nation on earth>in small pockets<(it also has the distinction of being the poorest in larger pockets.

Coastal Bend business leader: Mike Wanzer

A/C company owner has been in business for 31 years

340 E Mosholu Pkwy S Apt 2h, Bronx, NY 10458

Question: Are there any tax credits available for home purchases in 2010?

My wife and I will be closing on our first home purchase before the end of 2010. We are first time buyers and we’re using a USDA loan. Are there any tax credits we should be aware of? I wish we didn’t miss last years $8,000 credit!

Answer: Unless you or your spouse were in the military, foreign service, or intel community and served outside of the US in the past year it’s too late for the FTHB credit. The closing date deadline was Sep 30, 2010 as long as you were under contract by April 30, 2010.

Central Jersey Police Blotter

FRANKLIN – Franklin and New Brunswick police along with the Middlesex County Prosecutor’s Officer are investigating a report of shots fire 2 p.m. Thursday, July 7 on Phillips Court in Somerset section of Franklin.

First Time Home Buyers $8000 Tax Credit JL Home Team, John Leiby

Question: New homeowner tax credit question…?

We are closing on our house in March of 2009. Does that mean that we will get the tax credit this year (2009) when we file our taxes? Or in 2010? PS……we are building our house and construction began on it in September 2008.

Answer: You will receive the tax credit for the year in which you officially close and take possession of the property. Just make sure you keep good documentation of all escrow paperwork and receipts. I still have mine and I bought 20 years ago.

News, briefly

See what’s happening in and around Kingston.

HelpfulInvesting201.COM…We are building your next house!

WaterFurnace Launches Ad Campaign That Features Jeff Gordon and the Benefits of Geothermal Heating and Cooling Systems

FORT WAYNE, IN–(Marketwire – 07/01/11) – WaterFurnace Renewable Energy , a leading manufacturer of residential and commercial geothermal and water source heat pumps, announced the launch of a new advertising campaign that features Jeff Gordon and the benefits of geothermal heating and cooling systems. The multifaceted advertising campaign showcases the four-time NASCAR Cup Series champion in …