The Federal Tax Credits Blog

Posts Tagged ‘house’

Tax Tips: Amending My Return

MAJOR PRICE REDUCTION AT HUDSON TOYOTA

Question: Mortgage, Refinance, Debt Consolidation, Construction, Home Improvement…?

I’m a loan officer for Access Mortgage and Financial, we do 500+ credit scores. Contact me toll free at 877-LOAN-103 and ask for Josh. We do first time buyers, home improvement, debt consolidation, re-finance and more. We handle all credit scores, good or bad. Don’t ever pay for a loan application, they are free and can be done over the phone. You can contact me by phone, email, IM. Please only serious inquiries. We are currently licensed in 14 states
Hmmm, this is the advertising/marketing section so why can’t I advertise? I feel like your answer is violating guidelines, you didn’t answer the question, you stated your opinion and got 2 points for it. Let the people at yahoo worry about me. And if anyone out there is seriously interested please contact me. For those of you who just want to criticize then save your 2 points for a real answer to someone who will appreciate it.

Answer: No, thanks. I’d never do business with someone who doesn’t read and follow the guidelines of this site. Posting ads here violates the guidelines.

First-time buyer mortgage at 8.5% was a mistake, says Halifax

Mortgage brokers shocked at 8.5% loan – as Halifax speedily takes down ‘dummy product’ from website A mortgage charging interest of 8% above the base rate and purportedly intended for first time buyers has appeared on the Halifax website “by mistake”, the company said. The bank published the terms of the 95% loan-to-value loan on the intermediaries’ part of its website, including that it had an …

arizona first time home buyer, 1st time home buyer programs

Question: Which central air conditioner to buy??

The consumers guides only rate window a/c, not central units.
Government mandates, rebates, tax credits, SEER ratings, the ever changing reputations of manufacturers and other issues make buying a new central a/c a “shot in the dark”. The most expensive and energy efficient also seem to be most prone to lots of service after sale.
So you folks who have some real knowledge and experience are my last, best hope for guidance.
What do you say?

Answer: I would stay away from Lennox, and Carrier. Both are great units, but tend to be over engineered. Trane makes a good unit that is dependable as well as Rheem. Payne is actually made by Carrier but those units dont have all the bells and whistles that the Carrier unit comes with. Goodman makes a fair unit for the price, but they are in my opinion, for builders only-just to get something cheap that works inside the house. I put a Rheem unit in my own home and have had little problem with it. I did install it myself, and perhaps that is why I’ve had good luck with it. Whatever you do make sure you get the highest seer unit you can afford as it will pay for itself over the yrs. If I were to replace my unit today I would go with a Rheem or a trane setup. Hope this helps. Good luck and God Bless.

Charge!

  The electric car that graces Doug Eyman’s garage isn’t available yet in Pennsylvania.Eyman had to fetch it from a Laurel, Md., dealership.Which makes him one of the first people in the state to own the revolutionary Chevrolet Volt.It’s an idea whose time has finally come, says the Wilshire Hi…

High Efficiency Air Conditiong Federal Tax Credit

Question: Can I contract to buy my neighbor’s federal tax credit from installing solar panels on his roof?

Anyone know the IRS rules with respect to purchasing tax credits from another taxpayer?

Answer: I’m not sure why you would want to do this. It’s a tax credit, not a deduction, so would not change your tax bracket even if you could/did buy it. Usually, a contract has an advantage for both parties, and I’m not sure what each of you would gain in this case.

If your neighbor is short of cash to install a solar system, you could do an ordinary loan to him (even draw up legal documents). Your neighbor would repay you over time, either in several installments, or one lump sum. Presumably, the neighbor would have extra funds at tax time, because of the tax credit, with which to pay you. The federal credit is not refundable, so if the neighbor’s taxes do not exceed the credit, they will have to spread the credit out over several years.

All this said, financial deals gone wrong can make for horrible neighbor situations. You probably shouldn’t do it, unless you love them so much that you’d just give them the money, without expectation of being paid back.

Biz Briefs

Net Zero event set for June 17

WindEnergy 7 – WindEnergy7-com